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    46700 Gratiot Ave New Baltimore, MI 48051

    For Lease
    $1,750 /Mo

    Retail space with overhead door and large parking lot.

    Lot size:
    1.74 Acres

    Property Features for 46700 Gratiot Ave

    General Information

    Lot size
    1.74 Acres

    Building Details

    Year built
    1992

    Source: King Commercial Realty, LLC Agent Anthony R Sievert

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

    Overview

    Retail Space in Oakwood Square

    Located within the Oakwood Square Shopping Center, this retail space offers approximately 1,679 square feet. The space features an overhead door and a large parking lot situated at the rear of the shopping center. The property is suitable for office, retail, or storage purposes. The rear of the space has a high ceiling. The location benefits from high traffic and is in a rapidly developing area with good visibility.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant 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.

    Similar Places Nearby

    partridge creek

    Location Insight

    • Map
    • Local Demand
    City
    New Baltimore
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8325
    Latitude
    42.6875

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    FAQs

    What type of property is this?
    Shopping center - Retail space with overhead door and large parking lot.
    Where is this shopping center located?
    The property is located at 46700 Gratiot Ave New Baltimore, MI.
    What are key features of this property?
    This property features: - High-traffic location with great visibility; - Versatile space suitable for office, retail, or storage; - Large parking lot in the rear
    (586) 601-9830
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    46700 Gratiot Ave New Baltimore, MI 48051
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    New Baltimore, 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
    46700 Gratiot Ave New Baltimore, MI 48051
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