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    16260 23rd Mile Rd Macomb, MI 48044-1004
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    Property profile & analytics

    16260 23rd Mile Rd, Macomb, MI 48044-1004

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    • Flex space
    • 28,544 SF
    • 1.96 lot acres
    Off-Market
    Last Sale May 1, 2024
    $2,500,000
    Property ID
    US43-2402826
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,265,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Johnstone Supply / Big Box & Wholesale Store / Building Supply

    Property Details for 16260 23rd Mile Rd

    Year built
    1998
    Lot size
    1.96 lot acres
    Zone code
    M1
    Property type
    Flex space
    APN
    20-08-19-200-015
    APU
    200819200015

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 31, 2024 $2,500,000 Macomb 23 LLC Chester Limited III LLC Deed $1.8M · Independent Bank
    Jul 30, 2020 — Chester Ltd III LLC — Deed · related $959k · Comerica Bk
    Aug 3, 2018 — Chester Ltd III LLC — Deed · related —
    Jan 26, 2015 $1,900,000 Chester Limited III LLC Sal Mar Industrial 16260 LLC Warranty Deed —
    May 6, 2013 — Sal-mar Industrial 16260 LLC Sal-mar Industrial 16280 LLC Quit Claim Deed · related —
    — — Sal-mar Industrial 16280 LLC — Deed Of Trust · related $4.2M · First State Bank
    — — Sal-mar Industrial 16280 LLC — Deed Of Trust · related $6.4M · Warren Bank
    — — Chester Ltd III LLC — Loan Modification · related —
    — — Chester Ltd III LLC — Loan Modification · related $959k · Comerica Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,026,000
      Market price range: $1.22M - $2.69M
      AI Estimate
      $2,026,000
      Market price range: $1.22M - $2.69M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,860,000
      Current use
      MEDICAL BUILDING
      $3,505,000
      Change: +88% Conversion: Difficult
      RETAIL STORES
      $2,980,000
      Change: +60% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,935,000
      Change: +58% Conversion: Difficult
      OFFICE BUILDING
      $2,705,000
      Change: +45% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,455,000
      Change: +32% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,925,000
      Change: +3% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9622
    Latitude
    42.6707
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $34,153
    $0.00
    $0.00
    $814,300
    -
    $0.00
    $0.00
    $1,628,600
    More about this property
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