This exceptional 6.99-acre industrial land parcel presents a compelling investment opportunity in a high-growth corridor. Located at 55655-55721 Gratiot Avenue in Chesterfield, Michigan (zip code 48051), this property boasts 363 feet of prime Gratiot frontage, offering significant visibility and accessibility. The site is zoned M-2 Heavy Industrial, allowing for a wide range of potential uses. While the total acreage is 6.99 acres, it's important to note that 2.88 acres in the rear of the property are wetlands. The usable land area comprises approximately 4.11 acres in the front portion, providing ample space for development. The property's APN is 09-04-401-006, -007. The asking price is $299,000, and the seller is motivated. This presents a rare chance to acquire a strategically located industrial site in Macomb County, Michigan. The property's location offers easy access to major transportation routes, making it an ideal location for businesses requiring efficient logistics. Don't miss this opportunity to secure this valuable asset in a thriving industrial area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$34,397,528
Hospitality
$31,507,950
Educational
$26,214,244
Medical
$27,115,792
Retail
$40,777,712
Location Insight
City
Chesterfield
County
Macomb
State
Michigan
Latitude
42.7093
Longitude
-82.8072
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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