Property profile

51897 Gratiot Ave Chesterfield, MI 48051

OFF-MARKET
Retail space
Property ID
US43-0094402
4,410 SF 2.91 ac lot Built 1966
Individually Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Total area 4,410 SF
Lot 2.91 ac (126,934 SF)
Zoning code M2 GEN
APN 15-09-17-176-014
UPID US43-0094402

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
  • Propane Supplier Industrial Gas Supplier
  • Propane Supplier

Location

51897 Gratiot Ave Chesterfield, MI 48051-2014
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
$1.14M
Blend (final) Blend
$225k

Owner & transaction history

since 2004
1 recorded transaction
2004
$151,000

Zoning & alternative use

M2 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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