27322 23 Mile RdNew Baltimore, MI 48051

For Lease
  • Commercial land
  • 11,562 SF

Property Details for 27322 23 Mile Rd

Lot size
2.32 AC
Property size (Sq ft)
11,562 SF
Zone code
C3 GEN
Property type
Commercial land
APN
15-09-20-101-018
APU
150920101018

Description

This exceptional 5,112 square foot commercial land parcel presents a unique opportunity for retail development in the thriving New Baltimore, Michigan market. Located at 27322 23 Mile Rd, this single-tenant site offers significant potential for a variety of retail uses. The property is situated in Macomb County, within easy access to major roadways and a densely populated residential area, ensuring high visibility and convenient access for customers. The expansive lot size provides ample space for building construction and potential future expansion. This is a blank canvas for a new retail establishment, allowing for complete design and build-out to meet specific business needs. The property is designated for commercial use, specifically retail development, making it ideal for entrepreneurs looking to establish a new business or for existing businesses seeking to expand their footprint. The address is 27322 23 Mile Rd, New Baltimore, MI 48051. This property is available for lease and presents a compelling investment opportunity in a dynamic and growing community. The site's location in Macomb County offers access to a strong consumer base and a robust local economy. This is a rare chance to secure a prime retail location in a desirable area. The property's size and zoning make it suitable for a wide range of retail concepts. Serious inquiries are encouraged to explore this exceptional opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,752,488
    Hospitality
    $2,521,264
    Educational
    $2,097,662
    Medical
    $2,169,804
    Retail
    $3,263,030
27322 23 Mile Rd, New Baltimore, Michigan

Location Insight

City
Chesterfield
County
Macomb
State
Michigan
Latitude
42.6742
Longitude
-82.8355
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,731
-
-
$210,700
-
-
-
$421,400

FAQs

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