51231 Chesterfield RdNew Baltimore, MI 48051

Property Details for 51231 Chesterfield Rd

Lot size

9.83 AC

Property size (Sq ft)

1,080 SF

Zone code

M2 GEN

Property type

Industrial land

APN

15-09-18-476-003

APU

150918476003

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $257,108

  Hospitality

  $235,510

  Educational

  $195,941

  Medical

  $202,680

  Retail

  $304,798

Location Insight

City

Chesterfield

County

Macomb

State

Michigan

Latitude

42.6759

Longitude

-82.8398

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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