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    Property profile & analytics

    33925 23rd Mile Rd Chesterfield, MI 48047-4008

    • Grocery and convenience stores
    • 3,328 SF
    • 1.90 lot acres
    OFF-MARKET
    Value Estimation
    $955,000
    Last Sale
    Nov 09, 2021
    $850,000
    Location Intelligence
    Property ID
    US43-1614493
    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

    • bp / Gas Station
    • Shell / Gas Station / Atm
    • Metrofino Bitcoin ATM / Atm / Crypto Atm

    Property Details for 33925 23rd Mile Rd

    Year built
    2001
    Lot size
    1.90 lot acres
    Property size
    3,328 SF
    Zone code
    C3 GEN
    Property type
    Grocery and convenience stores
    APN
    15-09-14-300-047
    APU
    150914300047

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $820,000
      6.5%
      $770,000
      7%
      $775,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $795,000
      Geo Method
      $905,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $690,000
      Retail
      $645,000
      Mixed-Use
      $835,000
      Hospitality
      $720,000
      Educational
      $800,000
      Residential Income
      $785,000
      Energy
      $675,000
      Income-Based Land
      $805,000
      Food Service
      $845,000

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Macomb
    State
    Michigan
    Longitude
    -82.7687
    Latitude
    42.6764
    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
    $28,673
    $0.00
    $0.00
    $614,300
    -
    $0.00
    $0.00
    $1,228,600

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      47174 Jefferson Ave

      GROCERY, SUPERMARKET • 2,400 SF
      47174 Jefferson Ave, Chesterfield, MI 48047-5136
      View Details
    • Value Estimation by Request
      3,150 SF

      47240 Jefferson Ave

      GROCERY, SUPERMARKET • 3,150 SF
      47240 Jefferson Ave, Chesterfield, MI 48047-2225
      View Details
    • Value Estimation
      $1,050,000
      2,852 SF

      35130 23rd Mile Rd

      GROCERY, SUPERMARKET • 2,852 SF
      35130 23rd Mile Rd, New Baltimore, MI 48047-2010
      View Details
    • Value Estimation
      $220,000
      4,440 SF

      36011 Grn St

      GROCERY, SUPERMARKET • 4,440 SF
      36011 Grn St, New Baltimore, MI 48047-2129
      View Details
    • Value Estimation by Request
      14,615 SF

      35555 23rd Mile Rd

      GROCERY, SUPERMARKET • 14,615 SF
      35555 23rd Mile Rd, New Baltimore, MI 48047-3603
      View Details
    • Value Estimation by Request
      2,325 SF

      29239 23rd Mile Rd

      GROCERY, SUPERMARKET • 2,325 SF
      29239 23rd Mile Rd, Chesterfield, MI 48047-4678
      View Details

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    Similar Nearby for Lease

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      5,000 SF

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      5,000 sqft retail space for lease.
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    • $1,400 /Mo

      Retail Space in High-Traffic Plaza

      Retail space for rent in high-traffic Plaza By The Bay.
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      View Details
    • $1.00 SF/Yr
      5,000 SF

      Prime New Baltimore Retail Space

      5,000 SF Retail Space For Lease
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    • Contact for pricing

      New Baltimore Commercial Property Available

      Commercial property available for rent in New Baltimore, Michigan.
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    • $1,800 /Mo

      Professional Suite in Pyramid Center

      Versatile 1,798 sq. ft. office suite for lease.
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    • $16 SF/Yr
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      Medical Office Space Available

      2,650 SF unit suitable for medical or general office.
      33497 23 Mile Rd, Chesterfield Township, MI 48047
      View Details

    Property Visit Statistics

    • Visits by month
      13.5k
    • Visitors by month
      7.7k
    • Avg Time on site
      7 min
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    33925 23rd Mile Rd
    Chesterfield, MI 48047-4008
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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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