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    Gratiot Ave Chesterfield, MI 48051

    Sponsored
    For Sale
    $395,000

    Vacant Land - Chesterfield, MI

    Lot size:
    4.40 Acres
    Days on Market:
    240
    Last Refresh:
    Jan 9 at 1:06 pm

    Property Features for Gratiot Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family,Professional Office
    APN
    15-09-30-251-043
    Lot size
    4.40 Acres

    Building Details

    Architectural style
    Other

    Pilot Property Group, Inc. (586) 254-0900 [email protected]

    Listing agent Kenneth Minne (586) 254-0900 License #6506045237

    Listing date May 15, 2025

    MLS# 50101527 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

    Vacant Land on Gratiot Avenue

    This property consists of 4.4 acres of vacant land. It features approximately 625 feet of frontage on Gratiot Avenue. All utilities are available at the street. A traffic light is located on Gratiot Avenue at 22 Mile Road. The zoning allows for multi-family and professional office use. Adjacent land is also available.
    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 - 4.4 acres of vacant land with frontage on Gratiot.
    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 $395,000.
    What are key features of this property?
    This property features: - Approximately 625' of frontage on Gratiot.; - All utilities at the street.; - Benefit from the traffic light on Gratiot at 22 Mile Road.
    (586) 291-5525
    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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