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    Property profile & analytics

    47335 Gratiot Ave Chesterfield Township, MI 48051

    • Commercial land
    • 19.46 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 22, 2024
    $2,500,000
    Location Intelligence
    Property ID
    US43-4123943
    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 47335 Gratiot Ave

    Lot size
    19.46 lot acres
    Zone code
    HMR HI
    Property type
    Commercial land
    APN
    15-09-30-351-012
    APU
    150930351012

    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
    -82.8545
    Latitude
    42.6473
    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
    $41,725
    $0.00
    $0.00
    $810,600
    -
    $0.00
    $0.00
    $1,621,200

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      Market Pl Blvd

      VACANT COMMERCIAL LAND • 0.03 Acres
      Market Pl Blvd, Chesterfield Township, MI 48051
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    • Value Estimation by Request
      0.23 Acres

      Chesterfield Township, MI 48051

      VACANT COMMERCIAL LAND • 0.23 Acres
      Chesterfield Township, MI 48051
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    • Value Estimation by Request
      16.43 Acres

      32140 26th Mile Rd

      VACANT COMMERCIAL LAND • 16.43 Acres
      32140 26th Mile Rd, Chesterfield, MI 48051
      View Details
    • Value Estimation by Request
      0.23 Acres

      Chesterfield Township, MI 48051

      VACANT COMMERCIAL LAND • 0.23 Acres
      Chesterfield Township, MI 48051
      View Details
    • Value Estimation by Request
      0.63 Acres

      49071 Gratiot Ave

      VACANT COMMERCIAL LAND • 0.63 Acres
      49071 Gratiot Ave, Chesterfield, MI 48051-2518
      View Details
    • Value Estimation by Request
      0.56 Acres

      Gratiot Ave

      VACANT COMMERCIAL LAND • 1,964 SF
      Gratiot Ave, Chesterfield Township, MI 48051
      View Details

    Similar Nearby for Sale

    • $825,000

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    • $595,000

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      6.5 acres of industrial land with utilities available.
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    • $285,000

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      High-visibility commercial land with utilities available and frontage on Gratiot.
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    • $249,000
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      Vacant Land on Gratiot Avenue

      Commercial land available on Gratiot with utilities at street.
      48936 Gratiot Ave, New Baltimore, MI 48051
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    • $969,000
      7.51 Acres

      Commercial Land on Gratiot Avenue

      Commercial land available with high traffic volume and utilities.
      Gratiot Ave, Chesterfield, MI 48051
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    • $395,000
      4.40 Acres

      Vacant Land on Gratiot Avenue

      4.4 acres of vacant land with frontage on Gratiot.
      Gratiot Ave, Chesterfield, MI 48051
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    Similar Nearby for Lease

    • Contact for pricing

      Kohl's Anchored Pad Site, New Baltimore

      Prime 1-Acre Commercial Land, High Traffic
      50500 Gratiot Ave, New Baltimore, MI 48051
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      5,112 SF

      Prime New Baltimore Retail Land

      5,112 SF Retail Development Site
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    • $6 SF/Yr
      22,114 SF

      New Baltimore Warehouse - 22,114 SF

      Single-tenant industrial warehouse, ideal for manufacturing.
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    • $1,700 /Mo

      Retail/Medical/Office Space Available

      High-traffic location with retail, medical, and office potential.
      52370 Gratiot Ave, New Baltimore, MI 48051
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    • $5 SF/Yr
      78,900 SF

      Secured Warehouse with Truck Access

      78,900 SF warehouse with secure lot and truck docks.
      50750 E Russell Schmidt Blvd, Chesterfield Township, MI 48051
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    • $1,800 /Mo

      Retail/Office Space, Excellent Visibility

      Retail or office space with great freeway access and visibility.
      49684 Gratiot Rd, New Baltimore, MI 48051
      View Details
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    47335 Gratiot Ave
    Chesterfield Township, MI 48051
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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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