0 Russell Schmidt Blvd New Baltimore, MI 48051
This exceptional 2.48-acre industrial land parcel is ideally situated in Chesterfield, Michigan's established industrial park, offering immediate access to I-94. Priced at $195,000, this in-fill lot presents a unique opportunity for development. The land is available for immediate purchase, with a price per acre of $78,344. The property boasts a parking ratio of 1.8 spaces per 1,000 square feet, providing ample parking potential for future construction. Located in Macomb County, with a zip code of 48051, this property is conveniently located near major transportation routes, making it an attractive option for businesses seeking efficient logistics. The site is ready for immediate development, allowing for a quick start on your project. This is a rare opportunity to acquire a well-positioned industrial lot in a thriving area. The property's size is 2.48 contiguous acres. No existing buildings are present. All utilities are available. Further details are available upon request.
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
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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.