50500 Gratiot Ave Chesterfield, MI 48051-4400
This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Chesterfield, Michigan market. Located at 50500 Gratiot Avenue #647, this single-tenant pad site boasts a highly desirable location within a robust retail environment. The property is zoned commercial and offers significant potential for development. Its strategic positioning benefits from the strong presence of area anchors including Hobby Lobby, Lowe's, Party City, Best Buy, Planet Fitness, Joann Fabrics, Bed Bath & Beyond, JCPenney, and T.J. Maxx, ensuring high visibility and substantial foot traffic. The site's one-acre lot size provides ample space for a variety of commercial developments, catering to diverse business needs. Situated in Macomb County, this property offers easy access to major transportation routes, enhancing its appeal to both businesses and customers. This is an exceptional chance to acquire a prime commercial land parcel in a high-demand location with proven retail success. The property's location within a well-established retail corridor guarantees a strong foundation for future growth and profitability. The single-tenant nature of the site offers flexibility and control for potential developers. This is a rare opportunity to capitalize on the significant potential of this exceptional commercial land parcel. Contact us today to learn more about this exciting investment prospect.
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Kohl's Department Store
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ChargePoint Charging Station Electric Vehicle Charging Station
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SEPHORA at Kohl's Chesterfield Cosmetic Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 GEN · Chesterfield, MICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.