53153 Gratiot Ave, New Baltimore, MI 48051
For Sale
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This exceptional 6.76-acre parcel of land, identified by APN 09-08-476-002, presents a compelling investment opportunity in New Baltimore, Michigan. Located at 53153 Gratiot, this property boasts a desirable M-1 zoning designation, opening doors to a wide range of commercial and industrial development possibilities. The expansive lot size, totaling 294,466 square feet, offers significant flexibility for ambitious projects. With a generous lot width of 411 feet, the property benefits from dual frontage, enhancing its accessibility and visibility. Its strategic location near 24 Mile Road further amplifies its appeal, providing convenient access to major transportation routes and established infrastructure. The asking price for this remarkable property is $595,000. This exceptional site is ready for your vision, offering a unique chance to capitalize on the thriving commercial and industrial landscape of Macomb County. The property's size and zoning make it ideal for a variety of uses, from warehousing and manufacturing to retail and light industrial developments. Don't miss this opportunity to acquire a prime piece of land in a rapidly growing area. The zip code is 48051.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-1-A · Chesterfield, MIChesterfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.