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    Gratiot Ave Chesterfield, MI 48051

    Sponsored
    For Sale
    $969,000

    Vacant Land - Chesterfield, MI

    Lot size:
    7.51 Acres
    Days on Market:
    63
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for Gratiot Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    0904276005
    Lot size
    7.51 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Suburban, Inc (586) 262-2000 [email protected]

    Listing agent Matthew Vale (586) 262-2000 License #6501217494

    Listing date Nov 5, 2025

    MLS# 50193379 Listing URL

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Gratiot Avenue

    This is a vacant commercial land parcel. The lot size measures 613x378x532x554x173. The property is zoned for commercial use and has access to water, sewer, and gas. Curb cuts are in place. The location on Gratiot Avenue benefits from a daily traffic volume exceeding 38,000 vehicles. The lot size is 7.51 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Chesterfield
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8325
    Latitude
    42.6875

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    FAQs

    What type of property is this?
    Commercial land - Commercial land available with high traffic volume and utilities.
    Where is this commercial land located?
    The property is located at Gratiot Ave Chesterfield, MI.
    What is the asking price?
    The asking price for this property is $969,000.
    What are key features of this property?
    This property features: - High traffic location: Over 38,000 cars pass daily.; - Commercial zoning: Ideal for business ventures.; - Utilities available: Water, sewer, and gas connections.
    (586) 243-9509
    Request Owner's contact information
    Gratiot Ave Chesterfield, MI 48051
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    Chesterfield, MI 48051
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Gratiot Ave Chesterfield, MI 48051
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