51231 Chesterfield Rd New Baltimore, MI 48051
- Industrial land
- 1,080 SF
- 9.83 lot acres
Current Use by Public Records
- Industrial land
Property Details for 51231 Chesterfield Rd
- Lot size
- 9.83 lot acres
- Property size
- 1,080 SF
- Zone code
- M2 GEN
- Property type
- Industrial land
- APN
- 15-09-18-476-003
- APU
- 150918476003
Description
This exceptional 8.84-acre commercial land parcel, located at 51231 Chesterfield Road in New Baltimore, Michigan (48051), presents a remarkable investment opportunity. The property, identified by APN 15-09-18-476-003, is zoned M2, offering considerable flexibility for a wide range of commercial developments. All utilities are conveniently located on-site, simplifying infrastructure needs. The asking price is $825,000, translating to approximately $93,325.79 per acre. This strategically positioned land boasts excellent visibility and high traffic counts, benefiting from the strong retail gravity and residential density of the surrounding area. Potential uses include small, mid-sized, and big-box retail establishments, corporate headquarters, places of worship, and various other commercial ventures. The site's proximity to I-94 ensures easy access and convenient transportation. Furthermore, the substantial acreage allows for the possibility of multi-family development, adding to its versatility and investment potential. This is a rare opportunity to acquire a significant commercial land holding in a thriving Michigan community.
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
- -82.8398
- Latitude
- 42.6759
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
