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    52365 Gratiot Ave New Baltimore, MI 48051

    Sponsored
    For Sale
    Contact for pricing

    52,500 SF Warehouse, 7.96 Acres

    Property size:
    52,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 52,500-square-foot warehouse, situated on a substantial 7.96-acre lot in New Baltimore, Michigan, presents a compelling investment opportunity. The property boasts a prime location with main road frontage on Gratiot Avenue, offering convenient access to the I-94 Expressway, ensuring seamless transportation and logistics. The warehouse features impressive 14' to 20' clear ceiling heights, providing ample vertical space for various industrial uses. Functionality is maximized with four truckwells and three 12x14' grade-level doors, facilitating efficient loading and unloading. The building also includes 2,000 to 5,500 square feet of office space, catering to administrative needs. Zoned M-2 for heavy industrial use, this property offers extensive parking and is ideal for businesses requiring significant space and convenient access to major transportation routes. The property is available for sale, with lease options ranging from 13,000 to 52,500 square feet at a rate of $4.00 to $4.50 per square foot, NNN. The property's APN is 009-017-201-009-00-00, and its address is 52365 Gratiot Avenue, New Baltimore, MI 48051. Contact for sale pricing.

    Property Features for 52365 Gratiot Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    52,500 SF
    Lot Size
    346,738 SF

    HighLights

    • 13,000 - 52,500 square feet available for lease.
    • 2,000 - 5,500 square feet of office space available.
    • 52,500‑square‑foot building on 7.96 acres available for sale.
    • 14' to 20' clear ceiling height.
    • Four truckwells and three 12' x 14' grade‑level loading doors.
    • M‑2 Heavy Industrial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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.

    Location Insight

    • Map
    • Local Demand
    City
    New Baltimore
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8264457
    Latitude
    42.6850692

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    FAQs

    What type of property is this?
    Distribution property - 52,500 SF Warehouse, 7.96 Acres
    Where is this distribution property located?
    The property is located at 52365 Gratiot Ave New Baltimore, MI.
    What are key features of this property?
    This property features: 13,000 - 52,500 square feet available for lease.; 2,000 - 5,500 square feet of office space available.; 52,500-square-foot building on 7.96 acres available for sale.
    Request Owner's contact information
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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
    52365 Gratiot Ave New Baltimore, MI 48051
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