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Zoned M-2 Industrial Land Parcel
For Sale
$3,875,000

18074 23 Mile Road, Macomb, MI 48044

15.5-acre industrial land parcel zoned M-2, with a relocated drain and ready site configuration considerations.

Property SizeContact for details
Lot Size15.50 Acres
Days on Market93

Property Features for 18074 23 Mile Road

General Information

Standard status Active
Lot size 15.50 Acres
Property subtype Land
Zoning M-2
Listing Agency: Lee & Associates of Michigan
Listed By: Giancarlo Pinterpe
Source: Lee-associates
Added: Jun 4 Changed: Sep 4 Last Checked: Sep 4 at 4:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates of Michigan

Investment Insights

Based on property information with market context.

This offering includes 15.5 acres of land designated as Parcel B, zoned M-2 for industrial use. The drain that previously ran through the property has been relocated, improving the existing site conditions. Parcel B is available for sale as part of the broader assemblage.

The property is located at 18074 23 Mile Rd in Macomb, Michigan. Parcel A is approximately 4.5 acres and includes two 19,964 SF prospected multi-tenant buildings, which may be relevant for buyers evaluating the larger configuration of the overall parcels.

Parcel B is best suited for industrial buyers looking for a sizable M-2 zoned land component within a multi-parcel setup that already contemplates additional development. The completed drain relocation is a practical site detail that can matter for planning and permitting, while the separate Parcel B acreage provides flexibility for an end user or developer to stage future work around the existing arrangement.

Key Highlights

  • 15.5‑acre industrial land parcel (Parcel B) zoned M‑2
  • Drain previously running through the property has been relocated
  • Parcel A (about 4.5 acres) includes two 19,964 SF prospected multi‑tenant buildings

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby

Demographics for 48044, MI

58,265
Population
20,031
Households
2.9
Avg Household Size
40
Median Age
36%
College-Educated
94%
High-School Grad
13.5 sq mi
ZIP Area
4,316
Density / Sq Mi
$115,664
Median Household Income
$52,928
Median Earnings
$1,340
Median Rent
$349,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 15.5-acre industrial land parcel zoned M-2, with a relocated drain and ready site configuration considerations.
Where is this industrial land located?
The property is located at 18074 23 Mile Road Macomb, MI.
What is the asking price?
The asking price for this property is $3,875,000.
What are key features of this property?
This property features: 15.5‑acre industrial land parcel (Parcel B) zoned M‑2; Drain previously running through the property has been relocated; Parcel A (about 4.5 acres) includes two 19,964 SF prospected multi‑tenant buildings
More about this property
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