52365 Gratiot AveNew Baltimore, MI 48051

  • Warehouses
  • 57,417 SF

Property Details for 52365 Gratiot Ave

Year built
1960
Lot size
7.96 AC
Property size (Sq ft)
57,417 SF
Zone code
M2 GEN
Property type
Warehouses
Property subtype
Self storage facilities
APN
15-09-17-201-009
APU
150917201009

Description

This exceptional 52,500-square-foot warehouse, situated on a substantial 7.96-acre lot in New Baltimore, Michigan, presents a compelling investment opportunity. The property boasts a prime location with main road frontage on Gratiot Avenue, offering convenient access to the I-94 Expressway, ensuring seamless transportation and logistics. The warehouse features impressive 14' to 20' clear ceiling heights, providing ample vertical space for various industrial uses. Functionality is maximized with four truckwells and three 12x14' grade-level doors, facilitating efficient loading and unloading. The building also includes 2,000 to 5,500 square feet of office space, catering to administrative needs. Zoned M-2 for heavy industrial use, this property offers extensive parking and is ideal for businesses requiring significant space and convenient access to major transportation routes. The property is available for sale, with lease options ranging from 13,000 to 52,500 square feet at a rate of $4.00 to $4.50 per square foot, NNN. The property's APN is 009-017-201-009-00-00, and its address is 52365 Gratiot Avenue, New Baltimore, MI 48051. Contact for sale pricing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,668,880
    Hospitality
    $12,520,620
    Educational
    $10,417,009
    Medical
    $10,775,266
    Retail
    $16,204,237

Location Insight

City
Chesterfield
County
Macomb
State
Michigan
Latitude
42.6851
Longitude
-82.8268
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
$22,335
-
-
$691,500
-
-
-
$1,383,000

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