50500 Gratiot AveNew Baltimore, MI 48051

  • Outlet malls
  • 88,452 SF

Property Details for 50500 Gratiot Ave

Year built
2003
Lot size
8.36 AC
Property size (Sq ft)
88,452 SF
Zone code
C3 GEN
Property type
Outlet malls
APN
15-09-20-176-011
APU
150920176011

Description

This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Chesterfield, Michigan market. Located at 50500 Gratiot Avenue #647, this single-tenant pad site boasts a highly desirable location within a robust retail environment. The property is zoned commercial and offers significant potential for development. Its strategic positioning benefits from the strong presence of area anchors including Hobby Lobby, Lowe's, Party City, Best Buy, Planet Fitness, Joann Fabrics, Bed Bath & Beyond, JCPenney, and T.J. Maxx, ensuring high visibility and substantial foot traffic. The site's one-acre lot size provides ample space for a variety of commercial developments, catering to diverse business needs. Situated in Macomb County, this property offers easy access to major transportation routes, enhancing its appeal to both businesses and customers. This is an exceptional chance to acquire a prime commercial land parcel in a high-demand location with proven retail success. The property's location within a well-established retail corridor guarantees a strong foundation for future growth and profitability. The single-tenant nature of the site offers flexibility and control for potential developers. This is a rare opportunity to capitalize on the significant potential of this exceptional commercial land parcel. Contact us today to learn more about this exciting investment prospect.

Location Insight

City
Chesterfield
County
Macomb
State
Michigan
Latitude
42.6705
Longitude
-82.8345
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
$103,289
-
-
$2,515,000
-
-
-
$5,030,000

FAQs

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