Property profile

58143 Gratiot Ave New Haven, MI 48048

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 3.087-acre commercial land parcel presents a remarkable investment opportunity in New Haven, Michigan. Located at 58143 Gratiot Ave, this property boasts an impressive 190 feet of frontage on the heavily trafficked Gratiot Avenue, ensuring high visibility and accessibility. The site is ideally situated within a rapidly developing area of Macomb County, surrounded by established residential subdivisions and thriving businesses, creating a strong foundation for future development. All utilities are readily available, simplifying the construction process and minimizing upfront costs. Currently zoned GB (General Business), this versatile property offers a wide range of development possibilities, from retail and commercial ventures to potential mixed-use projects. The asking price of $259,000 represents an attractive entry point into this dynamic market, offering significant potential for appreciation and strong returns on investment. The property's prime location, combined with its size and zoning, makes it an exceptional opportunity for developers and investors seeking a strategic foothold in a thriving community. Detailed zoning information and development guidelines are available upon request. The property is located in Macomb County, Michigan, with a zip code of 48048. The coordinates are 42.7281942 latitude and -82.7910555 longitude.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

58143 Gratiot Ave New Haven, MI 48048
New Haven metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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