Listing Agency: Gerdom Realty & Investment t***@gerdomrealty.com Show Phone

Listed By: Tjader Gerdom · License #MI 6502357230

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:05PM

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Investment Insights

Based on property information with market context.

This 1.5-acre parcel consists of vacant industrial land at 21405 Russell Street in Rockwood, Michigan. The property is positioned within a regional industrial area serving the Greater Detroit and Northern Ohio markets. Its industrial land classification provides a straightforward basis for evaluating potential development or commercial land-use plans.

Key Highlights

• 1.5 acres of vacant industrial land
• Located in Rockwood, MI 48173
• Regional industrial area serving Greater Detroit and Northern Ohio markets

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Restaurant Auto Repair Shop

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

143

Businesses Nearby

Explore this area Business Placement

Demographics for 48173, MI

13,443

Population

5,391

Households

2.5

Avg Household Size

42

Median Age

24%

College-Educated

94%

High-School Grad

11.9 sq mi

ZIP Area

1,130

Density / Sq Mi

$90,510

Median Household Income

$55,163

Median Earnings

$1,130

Median Rent

$232,600

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

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial land serving regional markets across Greater Detroit and Northern Ohio.

Where is this industrial land located?

The property is located at 21405 Russell Street Rockwood, MI.

What are key features of this property?

This property features: 1.5 acres of vacant industrial land; Located in Rockwood, MI 48173; Regional industrial area serving Greater Detroit and Northern Ohio markets