Property profile

31959 23rd Mile Rd Chesterfield Township, MI 48047

OFF-MARKET
Commercial land
Property ID
US43-2563875
5.04 ac lot
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 5.04 ac (219,368 SF)
Zoning code C3 GEN
APN 15-09-15-300-049
UPID US43-2563875

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31959 23rd Mile Rd Chesterfield Township, MI 48047-4955
Chesterfield Township metro Census 222106 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M

Owner & transaction history

since 2023
Last sale
$1.2M
2 recorded transactions
2023
$1.2M
2020
Price N/A

Zoning & alternative use

C3 GEN · Chesterfield Township, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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