Entity Owned Property summary
This exceptional 78,900-square-foot distribution center, located at 50750 E Russell Schmidt Blvd, New Baltimore, MI 48051, presents a significant opportunity for industrial users. The single-story building, constructed in 1966 and extensively renovated in 2015, sits on a 6.43-acre lot and boasts a 15' to 20' ceiling height, ideal for various distribution needs. The property features one building with five dock-high doors and one loading dock, ensuring efficient loading and unloading… operations. Power is robust, with 1200 and 480-volt service available via buss duct. The property is fully fenced and secured, providing peace of mind and enhanced security. Convenient access is provided via its proximity to 23 Mile Rd. The property is zoned M-2, Heavy Manufacturing, allowing for a wide range of industrial uses. Low property taxes of just $0.51 per square foot make this an attractive investment. The entire 78,900 square feet is currently vacant and ready for immediate occupancy. This prime location in New Baltimore offers easy access to major transportation routes, making it an ideal distribution hub. Don't miss this chance to secure this exceptional industrial property.
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.
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
- 78,900 SF
- Lot area
- 6.43 ac
- Year built
- 1966
- Stories
- 1
- APN
- 15-09-19-226-005
- Zoning
- M2 GEN
- Assessed value · 2023
- $1,144,100
- Annual tax · 2022
- $36,733
- 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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- Local Zoning Insight
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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