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

    50500 Gratiot Ave New Baltimore, MI 48051

    For Lease
    Contact for pricing

    Prime 1-Acre Commercial Land, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Chesterfield, Michigan market. Located at 50500 Gratiot Avenue #647, this single-tenant pad site boasts a highly desirable location within a robust retail environment. The property is zoned commercial and offers significant potential for development. Its strategic positioning benefits from the strong presence of area anchors including Hobby Lobby, Lowe's, Party City, Best Buy, Planet Fitness, Joann Fabrics, Bed Bath & Beyond, JCPenney, and T.J. Maxx, ensuring high visibility and substantial foot traffic. The site's one-acre lot size provides ample space for a variety of commercial developments, catering to diverse business needs. Situated in Macomb County, this property offers easy access to major transportation routes, enhancing its appeal to both businesses and customers. This is an exceptional chance to acquire a prime commercial land parcel in a high-demand location with proven retail success. The property's location within a well-established retail corridor guarantees a strong foundation for future growth and profitability. The single-tenant nature of the site offers flexibility and control for potential developers. This is a rare opportunity to capitalize on the significant potential of this exceptional commercial land parcel. Contact us today to learn more about this exciting investment prospect.

    Property Features for 50500 Gratiot Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Pad Site
    Size
    0 SF

    HighLights

    • Up to 1‑acre site available for lease.
    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
    -82.833937
    Latitude
    42.6701027

    Nearby Similar for Lease

    • $500 /Mo
      80 SF

      Chesterfield Coworking Space Private Office

      Private office in coworking space with shared amenities and utilities.
      55951 Gratiot, Chesterfield, MI 48051
      View Details
    • New
      $2,000 /Mo
      2,400 SF

      Chesterfield Office Space Available

      Professional office space near I-94 in Chesterfield, MI.
      30845 23 Mile Rd, Chesterfield, MI 48047
      View Details
    • $1,800 /Mo

      Professional Suite in Pyramid Center

      Versatile 1,798 sq. ft. office suite for lease.
      33497 23 Mile Rd, New Baltimore, MI 48047
      View Details
    • $15 SF/Yr
      17,196 SF

      Chesterfield Retail Center Opportunity

      High-visibility retail space available in Macomb County.
      46948 Gratiot Ave, Chesterfield, MI 48051
      View Details
    • $6 SF/Yr
      711,547 SF

      Prime Macomb County Industrial Space

      Massive Warehouse, 711,547 SF, For Lease
      26090 23 Mile Rd, New Baltimore, MI 48051
      View Details
    • $16 SF/Yr
      22,408 SF

      Fairview Plaza Executive Suites

      Prime Chesterfield Office Space, Newly Remodeled
      46590 Gratiot Ave, New Baltimore, MI 48051
      View Details

    FAQs

    What type of property is this?
    Land - Prime 1-Acre Commercial Land, High Traffic
    Where is this land located?
    The property is located at 50500 Gratiot Ave New Baltimore, MI.
    What are key features of this property?
    This property features: Up to 1-acre site available for lease.; ;
    Request Owner's contact information
    50500 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.
    50500 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
    50500 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.