48936 Gratiot Ave New Baltimore, MI 48051
- Commercial land
- 0.81 lot acres
Current Use by Public Records
- Commercial land
Property Details for 48936 Gratiot Ave
- Lot size
- 0.81 lot acres
- Zone code
- C3 GEN
- Property type
- Commercial land
- APN
- 15-09-30-251-012
- APU
- 150930251012
Description
This exceptional 4.4-acre commercial and industrial land parcel presents a unique development opportunity in New Baltimore, Michigan. Located at 48936 Gratiot Ave, 48051, this property boasts approximately 625 feet of frontage on Gratiot Avenue, a high-traffic thoroughfare. The site benefits from the convenience of all utilities readily available at the street, minimizing infrastructure costs for future projects. A key advantage is the presence of a traffic light at the intersection of Gratiot Avenue and 22 Mile Road, ensuring excellent visibility and accessibility. The property is zoned C-3, offering flexibility for a variety of commercial and industrial uses. The parcel, identified by APN numbers 09-30-251-012, 15-09-19-452-004, and 15-09-30-251-043, is priced at $395,000, or $89,773 per acre. Furthermore, this sizable lot can be purchased as a single 4.4-acre tract or divided into two approximately 2-acre parcels, catering to diverse development needs and budgets. This prime location in Macomb County offers significant potential for investors and developers seeking a strategic foothold in a thriving market. The property's high visibility, convenient access, and flexible zoning make it an ideal site for a wide range of commercial and industrial ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chesterfield
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8454
- Latitude
- 42.6593
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
