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    Property profile & analytics

    28230 23rd Mile Rd Chesterfield, MI 48051-2317

    • Grocery and convenience stores
    • 3,373 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 18, 2025
    $3,000,000
    Location Intelligence
    Property ID
    US43-1471078
    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.

    Current Use by Public Records

    • Shell / Gas Station / Atm
    • FedEx Drop Box / Shipping And Mailing Service / Shipping Service
    • Dunkin' / Bagel Shop / Bakery

    Property Details for 28230 23rd Mile Rd

    Year built
    2002
    Lot size
    0.88 lot acres
    Property size
    3,373 SF
    Zone code
    C3 GEN
    Property type
    Grocery and convenience stores
    APN
    15-09-20-201-006
    APU
    150920201006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8259
    Latitude
    42.674
    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
    $15,965
    $0.00
    $0.00
    $393,300
    -
    $0.00
    $0.00
    $786,600

    Comparable in this City

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      2,100 SF

      26115 21st Mile Rd

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      $1,315,000
      3,000 SF

      27925 23rd Mile Rd

      GROCERY, SUPERMARKET • 3,000 SF
      27925 23rd Mile Rd, Chesterfield, MI 48051-2314
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    • Value Estimation by Request
      5,084 SF

      54800 Gratiot Ave

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      54800 Gratiot Ave, Chesterfield, MI 48051-1727
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      $3,455,000
      19,200 SF

      50700 Waterside Dr

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      $560,000
      1,596 SF

      50901 Gratiot Ave

      GROCERY, SUPERMARKET • 1,596 SF
      50901 Gratiot Ave, Chesterfield, MI 48051-3135
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    • Value Estimation by Request
      3,754 SF

      46963 Gratiot Ave

      GROCERY, SUPERMARKET • 3,754 SF
      46963 Gratiot Ave, Chesterfield, MI 48051-2810
      View Details

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    Similar Nearby for Lease

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      Retail Space in Oakwood Square

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    • $20 SF/Yr
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      Crown Plaza Retail Space Available

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    Property Visit Statistics

    • Visits by month
      4.6k
    • Visitors by month
      3.3k
    • Avg Time on site
      7 min
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    28230 23rd Mile Rd
    Chesterfield, MI 48051-2317
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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