0 Commerce Blvd New Baltimore, MI 48051
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.