55655 Gratiot Ave, Chesterfield, MI 48051-1238
This exceptional 6.99-acre industrial land parcel presents a compelling investment opportunity in a high-growth corridor. Located at 55655-55721 Gratiot Avenue in Chesterfield, Michigan (zip code 48051), this property boasts 363 feet of prime Gratiot frontage, offering significant visibility and accessibility. The site is zoned M-2 Heavy Industrial, allowing for a wide range of potential uses. While the total acreage is 6.99 acres, it's important to note that 2.88 acres in the rear of the property are wetlands. The usable land area comprises approximately 4.11 acres in the front portion, providing ample space for development. The property's APN is 09-04-401-006, -007. The asking price is $299,000, and the seller is motivated. This presents a rare chance to acquire a strategically located industrial site in Macomb County, Michigan. The property's location offers easy access to major transportation routes, making it an ideal location for businesses requiring efficient logistics. Don't miss this opportunity to secure this valuable asset in a thriving industrial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
M2 GEN · 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.