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Financial
Distress signals
Property profile

26090 23rd Mile Rd Chesterfield, MI 48051

OFF-MARKET
Warehouses
Property ID
US43-0504876
679,606 SF 29.98 ac lot Built 1966
Last sale May 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional single-tenant industrial property, located at 26090 23 Mile Rd in New Baltimore, Michigan, presents a significant opportunity for businesses seeking expansive warehouse and manufacturing space. The property boasts a substantial 711,547 square feet of vacant space within a single, one-story building constructed in 1967. The building features impressive ceiling heights ranging from 22 to 36 feet, providing ample vertical clearance for various industrial operations. Loading and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$152k
Tax billed · 2022
Assessed value · 2023$4.19M
Effective rate3.63%

Value estimate

· Oct 2026
$14.85M
$13.36M – $16.33M
Submarket $/SF estimate$14.84M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$22 – $126

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?
M2 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 Firm12.1
Parking Facility10.9
Electrical Service9.6

Location

26090 23rd Mile Rd Chesterfield, MI 48051-1957
County assessor Recorded deeds · 8 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
56851 Gratiot, Chesterfield, MI 48051-1308 $1,000,000 Oct 2024 19,400 SF
48000 Structural, Chesterfield, MI 48051-2629 $2,350,000 Aug 2022 47,422 SF
48700 Structural, Chesterfield, MI 48051-2663 $1,900,000 Dec 2021 32,080 SF
48535 Gratiot, Chesterfield, MI 48051-2611 $347,000 Apr 2019 21,710 SF
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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