For Sale
$825,000

51231 Chesterfield Rd New Baltimore, MI 48051

8.84 Acres, M2 Zoning, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 8.84-acre commercial land parcel, located at 51231 Chesterfield Road in New Baltimore, Michigan (48051), presents a remarkable investment opportunity. The property, identified by APN 15-09-18-476-003, is zoned M2, offering considerable flexibility for a wide range of commercial developments. All utilities are conveniently located on-site, simplifying infrastructure needs. The asking price is $825,000, translating to approximately $93,325.79 per acre. This strategically positioned land boasts excellent visibility and high traffic counts, benefiting from the strong retail gravity and residential density of the surrounding area. Potential uses include small, mid-sized, and big-box retail establishments, corporate headquarters, places of worship, and various other commercial ventures. The site's proximity to I-94 ensures easy access and convenient transportation. Furthermore, the substantial acreage allows for the possibility of multi-family development, adding to its versatility and investment potential. This is a rare opportunity to acquire a significant commercial land holding in a thriving Michigan community.

Highlights

  • 8.84-acre parcel available.
  • M2 zoning.
  • Utilities on-site.
  • High-traffic location with strong retail draw and residential density.
  • Suitable for various uses including retail (small, mid-sized, and big-box), corporate headquarters, and multi-family development.
  • Multi-family development potential.

Property Details for 51231 Chesterfield Rd

Property type
Land
Lot Size (sq. ft)
385,070 SF

Location Insight

City
New Baltimore
County
Macomb
State
Michigan
Latitude
42.676384
Longitude
-82.839238

FAQs

What type of property is this?
Land - 8.84 Acres, M2 Zoning, High Traffic
Where is the land located?
The property is located at 51231 Chesterfield Rd New Baltimore, MI.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 8.84-acre parcel available.; M2 zoning.; Utilities on-site.
How can I contact the broker?
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51231 Chesterfield Rd
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