Realmo Analytics

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Property profile

51537 Industrial Dr New Baltimore, MI 48047

OFF-MARKET
Flex space
Property ID
US43-1475591
30,676 SF 2.36 ac lot Built 1998
Last sale Dec 2018 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a 29,500-square-foot manufacturing building configured for fabrication operations, with a 1,600-square-foot office component and an additional 1,152-square-foot rear garage area that is excluded from the stated building area. Material-handling equipment includes two 5-ton cranes, one 4-ton crane with dual hooks, and several 1-ton jib cranes. The facility includes an 800-square-foot paint booth, compressor and compressed-air airlines, bus duct, T-5 fluorescent lighting, two…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$38k
Tax billed · 2022
Assessed value · 2023$702k
Effective rate5.41%

Value estimate

· Oct 2026
$1.59M
$1.43M – $1.75M
Submarket $/SF estimate$1.88M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$61 – $118
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
Sec. 60-142. - Industrial, I. (a) General intent. The intent of the industrial district is to encourage and facilitate the development of...
General categoryINDUSTRIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant23.7
Wholesale Shop22.8
Law Firm21.7

Location

51537 Industrial Dr New Baltimore, MI 48047-4149
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales Zoning catalog

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
52000 Sierra, Chesterfield, MI 48047-1307 $3,113,706 Apr 2024 26,323 SF
51469 Birch, New Baltimore, MI 48047-1587 $1,010,000 Dec 2023 22,486 SF
51528 Industrial, New Baltimore, MI 48047-4148 $1,290,000 Mar 2022 14,136 SF
46400 Continental, Chesterfield, MI 48047-5206 $1,695,000 May 2021 23,478 SF
51751 County Line, New Baltimore, MI 48047-1147 $1,475,000 Mar 2021 32,575 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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