Financial
Distress signals
Property profile

5 Morelli Dr New Baltimore, MI 48051

OFF-MARKET
Warehouses
23,800 SF 1.77 ac lot
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Property summary

AI-generated overview

This exceptional opportunity presents two remaining lots (Lots 1 & 5) within the Morelli Industrial Subdivision in Chesterfield Township, Michigan, offering build-to-suit warehouse space. Lot 1 accommodates up to 25,350 square feet, while Lot 5 offers up to 23,800 square feet. Both lots are zoned for light industrial use (M-1) and sit on sizable parcels ranging from 1.77 to 2.24 acres. The property boasts a Class A designation and features multi-tenant capabilities. Each lot provides ample

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.0
Parking Facility11.2
Plumbing Service9.7

Location

5 Morelli Dr New Baltimore, MI 48051
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 16 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
51531 Gratiot, Chesterfield, MI 48051-2064 $1,300,000 Jan 2023 4,128 SF
48535 Gratiot, Chesterfield, MI 48051-2611 $347,000 Apr 2019 21,710 SF
51955 Gratiot, Chesterfield, MI 48051-2018 $1,452,000 Feb 2019 33,692 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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