Financial
Distress signals
Property profile

23 Mile Rd New Baltimore, MI 48047

FOR SALE
Commercial land
Property ID
US43-2541783
3.03 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7-acre property in Chesterfield Township, Michigan, presents a remarkable investment opportunity. Located on 23 Mile Road, this site boasts a highly desirable split zoning designation, encompassing both RM1 (residential) and Commercial zoning. The commercial portion, fronting 23 Mile Road, offers significant potential for various commercial or office developments, while the rear portion, zoned RM1, is ideal for residential projects such as condominiums. All utilities are

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$255k
Effective rate3.35%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3 GEN
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.7
Restaurant14.2
Hair Salon13.5

Location

23 Mile Rd New Baltimore, MI 48047
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
37029 Grn, New Baltimore, MI 48047-1609 $69,166 Mar 2024 3,740 SF
26 Mile, New Baltimore, MI 48047 $2,300,000 Aug 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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