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    65700 Gratiot Ave New Haven, MI 48050

    Sponsored
    For Sale
    Contact for pricing

    Michigan industrial warehouse, vacant, 2 acres.

    Property size:
    12,538 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 12,538-square-foot warehouse, located at 65700 Gratiot Ave, New Haven, MI 48050, presents a compelling investment opportunity. Situated on a 2-acre lot in Macomb County, this Class C industrial property offers significant potential. Currently vacant with an occupancy date of October 16, 2024, the building boasts 30 parking spaces and features a permitted zoning of CG – Licensed for Recreational Cannabis Grow. Built in 1979, the single-building property offers 632 feet of frontage on Gratiot Avenue, providing excellent visibility and accessibility. The property is ideally positioned for various uses, including distribution, warehousing, and other industrial applications. Its strategic location offers convenient access to major roadways and commercially dense intersections, including Gratiot Avenue and 31 Mile Road. The surrounding area demonstrates strong demographics, with an average household income exceeding $94,000 within a 5-mile radius. This fee-simple ownership provides complete control and flexibility for the buyer. The property's proximity to Detroit (approximately 40 miles north) further enhances its appeal. This is a value-add opportunity for investors seeking a strategic location in Lenox Township, Michigan.

    Property Features for 65700 Gratiot Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    12,538 SF
    Class
    C
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1979
    Buildings
    1

    HighLights

    • 12,538 SF warehouse in New Haven, MI, available for sale or lease.
    • Vacant, Class C industrial property with owner/user investment opportunity.
    • Located on 2 acres at 65700 Gratiot Ave, New Haven, MI 48050, with 632 feet of road frontage.
    • Features 30 parking spaces and is zoned CG (Licensed for Recreational Cannabis Grow).
    • Built in 1979, with occupancy available October 16, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    Macomb
    State
    Michigan
    Longitude
    -82.7442046406
    Latitude
    42.78481118304

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    FAQs

    What type of property is this?
    Distribution property - Michigan industrial warehouse, vacant, 2 acres.
    Where is this distribution property located?
    The property is located at 65700 Gratiot Ave New Haven, MI.
    What are key features of this property?
    This property features: 12,538 SF warehouse in New Haven, MI, available for sale or lease.; Vacant, Class C industrial property with owner/user investment opportunity.; Located on 2 acres at 65700 Gratiot Ave, New Haven, MI 48050, with 632 feet of road frontage.
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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
    65700 Gratiot Ave New Haven, MI 48050
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