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Property profile & analytics
OFF-MARKET
Land

0 Russell Schmidt Blvd New Baltimore, MI 48051

2.48 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.48 ac (108,029 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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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