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    Property profile & analytics

    35157 23rd Mile Rd New Baltimore, MI 48047-2009

    • Retail space
    • 7,000 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $1,195,000
    Last Sale
    Nov 24, 2021
    $1,050,000
    Location Intelligence
    Property ID
    US43-1624696
    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

    • Advance Auto Parts / Car Accessories Store / Car Battery Store
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service

    Property Details for 35157 23rd Mile Rd

    Year built
    2001
    Lot size
    0.92 lot acres
    Property size
    7,000 SF
    Zone code
    GC
    Property type
    Retail space
    APN
    06-09-13-352-033
    APU
    60913352033

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $975,000
      6.5%
      $1,025,000
      7%
      $945,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,120,000
      Geo Method
      $1,130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $910,000
      Retail
      $1,125,000
      Mixed-Use
      $875,000
      Hospitality
      $825,000
      Educational
      $1,020,000
      Residential Income
      $915,000
      Energy
      $965,000
      Income-Based Land
      $975,000
      Food Service
      $1,040,000

    Location Insight

    • Map
    • Local Demand
    City
    New Baltimore
    County
    Macomb
    State
    Michigan
    Longitude
    -82.7532
    Latitude
    42.6766
    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
    $19,206
    $0.00
    $0.00
    $338,600
    -
    $0.00
    $0.00
    $677,200

    Comparable in this City

    • Value Estimation by Request
      14,490 SF

      51200 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 14,490 SF
      51200 Washington St, New Baltimore, MI 48047-1563
      View Details
    • Value Estimation
      $2,005,000
      5,000 SF

      29360 23rd Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      29360 23rd Mile Rd, Chesterfield, MI 48047-4614
      View Details
    • Value Estimation
      $120,000
      6,000 SF

      37017 Grn St

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      37017 Grn St, New Baltimore, MI 48047-1609
      View Details
    • Value Estimation by Request
      2,400 SF

      35574 23rd Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      35574 23rd Mile Rd, New Baltimore, MI 48047-4440
      View Details
    • Value Estimation
      $115,000
      3,048 SF

      51171 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 3,048 SF
      51171 Washington St, New Baltimore, MI 48047-2160
      View Details
    • Value Estimation
      $285,000
      3,140 SF

      35223 23rd Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,140 SF
      35223 23rd Mile Rd, New Baltimore, MI 48047-3651
      View Details

    Similar Nearby for Sale

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      Fast food location with drive-thru and high traffic exposure.
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    • Contact for pricing
      1.00 Acre

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      Prime Macomb County acreage for sale.
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    • $3,000,000
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    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Retail Space Available For Lease

      5,000 sqft retail space for lease.
      37030 Green St, New Baltimore, MI 48047
      View Details
    • $1,400 /Mo

      Retail Space in High-Traffic Plaza

      Retail space for rent in high-traffic Plaza By The Bay.
      35346 23 Mile Rd, New Baltimore, 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
    • Contact for pricing

      New Baltimore Commercial Property Available

      Commercial property available for rent in New Baltimore, Michigan.
      35050 23 Mile Rd, New Baltimore, 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
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    New Baltimore, MI 48047-2009
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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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