Entity Owned Property summary
This exceptional 22,114-square-foot industrial warehouse, located at 50270 E Russell Schmidt Blvd, New Baltimore, MI 48051, presents a significant opportunity. Situated on a 2.41-acre lot, this single-story, 1980-built facility boasts a 20-foot ceiling height, making it suitable for various manufacturing or storage needs. The property features one loading dock, two dock-high doors, and one drive-in door, ensuring efficient loading and unloading. Power is robust, with 3000 amps, 240 volts,… buss-duct, and 480V transformer capabilities. The building is zoned M-2, General, and is conveniently located near the intersection of 23 Mile Rd & Gratiot Ave, offering easy access to I-94. The property includes a large fenced storage yard, adding to its functionality. The entire 22,114 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's parcel number is 15-09-19-379-002 in Macomb County, Michigan, within the Macomb East submarket. This heavy manufacturing facility also includes a well-appointed office space. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving area.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 22,114 SF
- Lot area
- 2.41 ac
- Year built
- 1986
- Stories
- 1
- APN
- 15-09-19-379-002
- Zoning
- M2 GEN
- Assessed value · 2023
- $398,800
- Annual tax · 2022
- $15,383
- Auto Repair, Garage
- Industrial (general) · current use
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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