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Property profile & analytics
OFF-MARKET
Land

0 Commerce Blvd New Baltimore, MI 48051

44 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 44-acre industrial land parcel in Chesterfield, Michigan's North Bay Park of Industry, presents a prime development opportunity. Located in Macomb County, with convenient access to I-94, this site offers 31 contiguous acres immediately available for development. The property is priced at $152,460 per acre. A total of 19 lots are available, with lots 35-45 already equipped with water loops, ready for immediate construction. The site boasts a parking ratio of 3.5 spaces per 1,000 square feet, ensuring ample parking for future developments. This is an ideal location for businesses seeking a strategic position in a thriving industrial area. The property is being offered for sale, with no existing buildings or tenants. The sale price is to be determined based on the acreage purchased. This is a rare opportunity to acquire a significant land holding in a highly desirable location with excellent infrastructure and accessibility. The minimum contiguous acreage available is 1.5 acres, and the maximum is 31 acres. This flexible offering allows for a variety of development scenarios, catering to both large and small-scale projects. Contact us today to explore the possibilities.

Property profile
Verified
Property type Land
Lot 44 ac (1,916,640 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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