Property profile

51600 Gratiot Ave Chesterfield, MI 48051

OFF-MARKET
Retail space
Property ID
US43-1562221
24,770 SF 1.95 ac lot Built 1999
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Total area 24,770 SF
Lot 1.95 ac (84,942 SF)
Zoning code C3 GEN
APN 15-09-17-328-002
UPID US43-1562221

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Home Appliance Store Hardware & Home Improvement

Location

51600 Gratiot Ave Chesterfield, MI 48051-2010
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
$3.31M
Blend (final) Blend
$475k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

C3 GEN · 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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