Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    31959 23rd Mile Rd Chesterfield Township, MI 48047-4955

    • Commercial land
    • 5.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 24, 2023
    $1,200,000
    Location Intelligence
    Property ID
    US43-2563875
    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

    • Commercial land

    Property Details for 31959 23rd Mile Rd

    Lot size
    5.04 lot acres
    Zone code
    C3 GEN
    Property type
    Commercial land
    APN
    15-09-15-300-049
    APU
    150915300049

    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 Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.7882
    Latitude
    42.676
    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
    $8,121
    $0.00
    $0.00
    $287,700
    -
    $0.00
    $0.00
    $575,400

    Comparable in this City

    • Value Estimation by Request
      1.01 Acres

      Grn St Vac

      VACANT COMMERCIAL LAND • 1.01 Acres
      Grn St Vac, New Baltimore, MI 48047
      View Details
    • Value Estimation by Request
      0.42 Acres

      Jefferson Ave

      VACANT COMMERCIAL LAND • 0.42 Acres
      Jefferson Ave, Chesterfield Township, MI 48047
      View Details
    • Value Estimation by Request

      New Baltimore, MI 48047

      VACANT COMMERCIAL LAND
      New Baltimore, MI 48047
      View Details
    • Value Estimation by Request
      0.23 Acres

      Chesterfield Township, MI 48047

      VACANT COMMERCIAL LAND • 0.23 Acres
      Chesterfield Township, MI 48047
      View Details
    • Value Estimation by Request
      0.23 Acres

      Chesterfield Township, MI 48047

      VACANT COMMERCIAL LAND • 0.23 Acres
      Chesterfield Township, MI 48047
      View Details
    • Value Estimation by Request
      0.46 Acres

      Grn St Vac

      VACANT COMMERCIAL LAND • 0.46 Acres
      Grn St Vac, New Baltimore, MI 48047
      View Details

    Similar Nearby for Sale

    • $38,000

      High-Visibility Corner Commercial Lot

      Commercial lot near lake and Air Force Base.
      000 Farwell St, New Baltimore, MI 48047
      View Details
    • $269,995
      5.40 Acres

      High-Traffic Corner Lot Opportunity

      Cleared, shovel-ready commercial land in high-growth area.
      Gratiot Ave, New Baltimore, MI 48047
      View Details
    • $525,000

      Land with Main Road Frontage

      Land with office zoning and potential for commercial rezoning.
      30670 23 Mile Rd, Chesterfield Township, MI 48047
      View Details
    • $1,400,000
      3.03 Acres

      Corner Lot in Chesterfield Twp

      3.03 acre corner lot zoned C-3 near I-94.
      23 Mile, New Baltimore, MI 48047
      View Details
    • New
      $2,400,000
      15.41 Acres

      Corner Land in Chesterfield, MI

      15.41 +/- acre corner lot in developing area.
      6018 County Line Rd, Chesterfield, MI 48047
      View Details
    • $595,000
      30,000 SF

      5.49 Acres Vacant Commercial Land

      Vacant land with high visibility and traffic counts, quick I-94 access.
      Chesterfield Township, MI 48047
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Macomb County Executive Office Space

      Prime Office Land, Multi-Family Potential
      30670 23 Mile Rd, New Baltimore, MI 48047
      View Details
    • $12 SF/Yr
      51,780 SF

      Chesterfield Executive Office Space

      Prime Office Suite, 2400 sq ft, Macomb County
      30845 23 Mile Rd, Chesterfield, MI 48047
      View Details
    • $1,800 /Mo

      Professional Suite in Pyramid Center

      Versatile 1,798 sq. ft. office suite for lease.
      33497 23 Mile Rd, New Baltimore, MI 48047
      View Details
    • $16 SF/Yr
      2,650 SF

      Medical Office Space Available

      2,650 SF unit suitable for medical or general office.
      33497 23 Mile Rd, Chesterfield Township, MI 48047
      View Details
    • $1.00 SF/Yr
      5,000 SF

      Prime New Baltimore Retail Space

      5,000 SF Retail Space For Lease
      37040 Green St, New Baltimore, MI 48047
      View Details
    • $3,006 /Mo

      Renovated Professional Building Office Space

      Last unit available in renovated professional building near I-94.
      32743 23 Mile Rd, New Baltimore, MI 48047
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    31959 23rd Mile Rd
    Chesterfield Township, MI 48047-4955
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.