55655 Gratiot AveNew Baltimore, MI 48051

  • Industrial land
  • 3.32 AC
For Sale
$299,000 View listing

Property Details for 55655 Gratiot Ave

Lot size
3.32 AC
Zone code
M2 GEN
Property type
Industrial land
APN
15-09-04-401-007
APU
150904401007

Description

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

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
$3,381
-
-
$77,900
-
-
-
$155,800

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