48501 Structural DrNew Baltimore, MI 48051
- Industrial properties
- 5,200 SF
Property Details for 48501 Structural Dr
- Year built
- 1992
- Lot size
- 0.60 AC
- Property size (Sq ft)
- 5,200 SF
- Zone code
- M2 GEN
- Property type
- Industrial properties
- Property subtype
- Flex space
- APN
- 15-09-30-103-027
- APU
- 150930103027
Description
This 5,200 square foot industrial building, located at 48501 Structural Drive in Chesterfield, Michigan (zip code 48051), presents a fantastic opportunity. Built in 1992, this single-story structure sits on a M2 General zoned lot and offers convenient access to I-94, situated near the intersection of 21 Mile and Gratiot. The building is well-maintained and previously served as a pattern maker's facility. Key features include a 17-foot ceiling height and an existing air filtration system. An air compressor is included in the sale. While the main floor encompasses 5,200 square feet, a 625 square foot mezzanine is also available, though not included in the listed square footage. The asking price is $598,000, translating to $115 per square foot. This property is ideal for businesses seeking to downsize or for first-time buyers entering the industrial real estate market. The property's location and features make it a compelling investment opportunity.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,237,929
- Hospitality
- $1,133,936
- Educational
- $943,422
- Medical
- $975,868
- Retail
- $1,467,545
Location Insight
- City
- Chesterfield
- County
- Macomb
- State
- Michigan
- Latitude
- 42.6571
- Longitude
- -82.8539
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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