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    Gratiot New Baltimore, MI 48047

    For Sale
    $269,995

    Vacant Land - Chesterfield Twp, MI

    Lot size:
    5.40 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for Gratiot

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    0909152002
    Lot size
    5.40 Acres

    Building Details

    Architectural style
    Other

    Realty Executives Home Towne (810) 300-1650 [email protected]

    Listing agent Joan Schinderle-King (586) 949-8300 License #6501292224

    Listing date Oct 30, 2025

    MLS# 50135422 Listing URL

    Copyright © 2025 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

    High-Traffic Corner Lot Opportunity

    This 5.4-acre corner lot is located in Chesterfield Township, Michigan, and is cleared and shovel-ready for commercial development. Situated in a high-traffic area, the property sees over 30,000 cars passing daily. It is located within 1 mile of a major industrial park and just north of the 23/Gratiot major shopping district, providing unparalleled exposure and accessibility. The location offers easy access to public schools, ensuring a steady flow of daily foot and vehicle traffic. Surrounded by high-density residential neighborhoods, the property guarantees a built-in customer base and potential clientele. It is positioned adjacent to First State Bank, enhancing the visibility and prestige of the location. The property is located across from one of Macomb County’s largest salvage yards, providing additional commercial opportunities and drawing in diverse customer demographics. With its proximity to I-94, the property offers fast access to major transport routes, seamlessly connecting businesses and consumers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Baltimore
    County
    Macomb
    State
    Michigan
    Longitude
    -82.776
    Latitude
    42.6814

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    FAQs

    What type of property is this?
    Commercial land - Cleared, shovel-ready commercial land in high-growth area.
    Where is this commercial land located?
    The property is located at Gratiot New Baltimore, MI.
    What is the asking price?
    The asking price for this property is $269,995.
    What are key features of this property?
    This property features: - High-traffic corner lot in the heart of Chesterfield Twp with over 30,000 cars passing daily.; - Prime location within 1 mile of a major industrial park and near the 23/Gratiot shopping district.; - Surrounded by high-density residential housing, providing a built-in customer base.
    (586) 949-8300
    Request Owner's contact information
    Gratiot New Baltimore, MI 48047
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    New Baltimore, MI 48047
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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 New Baltimore, MI 48047
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