Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    53579 Gratiot Ave New Baltimore, MI 48051

    For Sale
    $208,891

    1.6 Acres, M-1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.6-acre commercial land parcel is ideally situated on Gratiot Avenue in New Baltimore, Michigan, within Macomb County (zip code 48051). Zoned M-1 for Light Industrial use, this property offers significant potential for a variety of businesses. Boasting 210.74 feet of frontage on Gratiot Avenue, it ensures high visibility and accessibility. City water and sewer services are readily available on-site, simplifying development plans. The property's location provides easy access to major transportation routes, enhancing its appeal for businesses requiring efficient logistics. This parcel presents a unique opportunity for development, and there's also the possibility of combining it with an adjacent 1.39-acre parcel to create a larger 2.99-acre site, offering even greater flexibility and development potential. The asking price for this strategically located property is $208,891. Don't miss this chance to acquire a prime commercial land asset in a thriving area.

    Property Features for 53579 Gratiot Ave

    General Information

    Property type
    Land
    Lot Size
    69,696 SF

    HighLights

    • 1.39‑acre parcel available.
    • M‑1 Light Industrial zoning.
    • 210.74 feet of Gratiot Avenue frontage.
    • City water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -82.8188903
    Latitude
    42.6934618

    Nearby Similar for Sale

    • $450,000
      2,033 SF

      Turnkey Commercial Property in Chesterfield

      Renovated commercial property with expansion potential in Macomb County.
      32650 23 Mile Rd, Chesterfield, MI 48047
      View Details
    • $325,000
      9,300 SF

      Former Opera House/Church Opportunity

      Unique property with grand gathering, office, and living spaces.
      51028 Base St, New Baltimore, MI 48047
      View Details
    • $35,000
      22,432 SF

      Move-in Ready Salon in Chesterfield

      Fully equipped salon in a high-traffic location, ready for immediate operation.
      46558 Gratiot Ave, Chesterfield, MI 48051
      View Details
    • $495,000

      Adult-Use Provisioning Center For Sale

      Adult-Use Provisioning Center with license and leasehold rights for sale.
      Gratiot, Chesterfield, MI
      View Details
    • $49,999

      Carriage Way Park Home

      Home in Carriage Way Park with custom concrete driveway.
      29636 Cambridge Ct, New Baltimore, MI 48051
      View Details
    • $439,900

      High-Traffic Office Space on 23

      2,168 SF office space with excellent visibility and flexibility.
      34845 23 Mile Rd, New Baltimore, MI 48047
      View Details

    FAQs

    What type of property is this?
    Land - 1.6 Acres, M-1 Zoning, High Visibility
    Where is this land located?
    The property is located at 53579 Gratiot Ave New Baltimore, MI.
    What is the asking price?
    The asking price for this property is $208,891.
    What are key features of this property?
    This property features: 1.39-acre parcel available.; M-1 Light Industrial zoning.; 210.74 feet of Gratiot Avenue frontage.
    (248) 663-0506
    Request Owner's contact information
    53579 Gratiot Ave New Baltimore, MI 48051
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    53579 Gratiot Ave
    New Baltimore, MI 48051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    53579 Gratiot Ave New Baltimore, MI 48051
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.