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Financial
Distress signals
Property profile

51679 Gratiot Ave Chesterfield, MI 48051

OFF-MARKET
Industrial land
Property ID
US43-0980982
696 SF 5 ac lot
Last sale Jun 2021 · $470,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 5,641 square foot retail space is ideally situated at 51679 Gratiot Avenue in Chesterfield, Michigan, within Macomb County. The property boasts a single-tenant occupancy and is currently entirely vacant, presenting a unique opportunity for a prospective tenant. The building's zoning is classified as C-1, allowing for a wide range of commercial uses. Located in the vibrant city of New Baltimore, this property offers excellent visibility and accessibility along the busy…

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?
$9k
Tax billed · 2022

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$74/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$61 – $95

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?
M2 GEN
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.9
Realty agency14.0
Building Supply13.7

Location

51679 Gratiot Ave Chesterfield, MI 48051-2012
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
49745 Leona, Chesterfield, MI 48051-2478 $3,000,000 Sep 2023 No data
53721 Gratiot, Chesterfield, MI 48051-1719 $500,000 Mar 2023 No data
24 Mile, New Baltimore, MI 48051 $425,000 Jan 2023 No data
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
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