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    50270 E Russell Schmidt Blvd Chesterfield, MI

    For Lease
    $6 SF/Yr ($12,807 /Mo)

    Heavy manufacturing facility with office, power, and storage yard.

    Property size:
    22,114 SF
    Lot size:
    2.41 Acres

    Property Features for 50270 E Russell Schmidt Blvd

    General Information

    Size
    22,114 SF
    Lot size
    2.41 Acres

    Source: Signature Associates Agent Ben Wilkiemeyer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Manufacturing Facility with Storage Yard

    This is a heavy manufacturing facility featuring a well-appointed office area. The property includes heavy power distribution throughout the building. A large fenced storage yard is also included. The property is located in close proximity to I-94. The building has a total area of 22,114 square feet.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Macomb
    State
    Michigan
    Longitude
    -82.7368616
    Latitude
    42.6811436

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    FAQs

    What type of property is this?
    Manufacturing property - Heavy manufacturing facility with office, power, and storage yard.
    Where is this manufacturing property located?
    The property is located at 50270 E Russell Schmidt Blvd Chesterfield, MI.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Heavy manufacturing facility.; - Heavy power distribution throughout.; - Large fenced storage yard.
    (248) 359-0624
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    50270 E Russell Schmidt Blvd Chesterfield, MI
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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
    50270 E Russell Schmidt Blvd Chesterfield, MI
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