Property profile

51355 Gratiot Ave Chesterfield, MI 48051

OFF-MARKET
Retail space
Property ID
US43-1176482
13,376 SF 0.93 ac lot Built 2006
Trust Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Total area 13,376 SF
Lot 0.93 ac (40,685 SF)
Zoning code C2 SHO
APN 15-09-17-352-008
UPID US43-1176482

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

51355 Gratiot Ave Chesterfield, MI 48051-2079
Chesterfield metro Census 222103 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.79M
Blend (final) Blend
$400k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
Price N/A
2022
Price N/A
2016
Price N/A

Zoning & alternative use

C2 SHO · Chesterfield, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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