26090 23rd Mile Rd, Chesterfield, MI 48051-1957
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 unloading are facilitated by 24 dock-high doors, ensuring efficient material handling. Ample parking is available, with 300 spaces plus extensive trailer parking to accommodate large-scale operations. The property sits on a generous 39.12 acres (711,547 square feet) of land, offering significant expansion potential. The property is zoned M-1 & M-2, suitable for a variety of industrial uses. Conveniently located in Macomb East submarket, west of Gratiot Ave, the property's address is 26090 23 Mile Rd, New Baltimore, MI 48051 (APN: 15-09-19-127-002, 15-09-19-201-010). This property is ideal for businesses requiring significant space and efficient logistics in a prime Macomb County location. The property is available for lease.
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Kroger Distribution Warehouse & Storage
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Penske logistics Warehouse & Storage
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M2 GEN · Chesterfield, MIChesterfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.