53801 Gratiot Ave New Baltimore, MI 48051
- Industrial land
- 818 SF
- 1.28 lot acres
Current Use by Public Records
- Industrial land
Property Details for 53801 Gratiot Ave
- Year built
- 1952
- Lot size
- 1.28 lot acres
- Property size
- 818 SF
- Zone code
- M1 LIG
- Property type
- Industrial land
- APN
- 15-09-09-300-004
- APU
- 150909300004
Description
This 1.6-acre commercial land parcel in New Baltimore, Michigan, is ideally situated on Gratiot Avenue, boasting 159.99 feet of prime frontage. Zoned M-1 for Light Industrial use, this property presents a compelling opportunity for developers and businesses seeking a strategic location in Macomb County. The asking price is $240,451, translating to a land value of $3.45 per square foot. City water and sewer services are readily available on-site, simplifying infrastructure needs. This parcel offers significant potential for various light industrial uses, benefiting from its high visibility and convenient access to major thoroughfares. Furthermore, there's an option to expand the footprint by combining this 1.6-acre lot with an adjacent 1.39-acre parcel, totaling nearly 3 acres for larger-scale projects. The property's address is 53801 Gratiot Avenue, New Baltimore, MI 48051. This location provides easy access to regional transportation networks and a thriving local market. The M-1 zoning allows for a wide range of light industrial applications, making this a versatile and attractive investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chesterfield
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8177
- Latitude
- 42.6953
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
