Current Use by Public Records
- Land
Property Details for 53579 Gratiot Ave
- Lot size
- 2.99 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2.99-acre parcel of land is ideally situated in New Baltimore, Michigan, at 53579 & 53801 Gratiot Avenue, offering significant potential for industrial development. The property boasts 370.73 feet of frontage on Gratiot Avenue, ensuring high visibility and accessibility. Zoned M-1 for Light Industrial use, this site is ready for immediate development. City water and sewer services are readily available, simplifying infrastructure needs. The asking price is $450,000, translating to a land value of $3.10 per square foot. This single-ownership property presents a rare opportunity to acquire a substantial industrial land holding in a desirable location. Its strategic positioning and zoning make it suitable for a variety of industrial uses, offering a strong return on investment. The property's size and location in Macomb County, Michigan, with a zip code of 48051, combine to create a compelling investment proposition. The site's ample frontage on Gratiot Avenue provides excellent exposure to high traffic volumes, enhancing its commercial appeal. This is a turnkey opportunity for businesses seeking a well-located, fully serviced industrial site.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Baltimore
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8189
- Latitude
- 42.6935
