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Versatile Land Near Interstate-94

28937 26 Mile Rd, Lenox, MI 48048

For Sale
$324,900
Pending

Agricultural land with potential for rezoning near major retailers.

Property SizeContact for details
Lot Size5.00 Acres
Days on Market574

Property Features for 28937 26 Mile Rd

General Information

Standard status Pending
Lot size 5.00 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,278
Listing Agency: Brookstone, Realtors LLC
Listed By: Jake Herish · License MI #6501372002
Source: Exprealty
Added: Apr 17, 2025 Changed: Nov 7 Last Checked: Nov 10 at 2:50PM

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 Brookstone, Realtors LLC

Rey
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Investment Insights

Based on property information with market context.

This agricultural-zoned land offers various possibilities, including constructing a dispensary or a residence. There is potential for the city to rezone the property for retail, a car wash, or self-storage. Located approximately 1 mile from Interstate-94, the property benefits from high visibility, with a daily traffic count of 13,000 vehicles. Nearby national tenants include McDonald’s, Tractor Supply, BP, and U-Haul. The property is an investment opportunity at $65,980 per acre.

Key Highlights

  • Prime location, just 1 mile from Interstate‑94.
  • High visibility with 13,000 vehicles passing by daily.
  • Zoned Agricultural with potential for rezoning for retail, car wash, or self‑storage.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Home Appliance Store Real Estate Agency Law Firm

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

45
Businesses Nearby

Demographics for 48048, MI

10,561
Population
3,518
Households
3
Avg Household Size
36
Median Age
16%
College-Educated
89%
High-School Grad
20.1 sq mi
ZIP Area
525
Density / Sq Mi
$68,990
Median Household Income
$35,221
Median Earnings
$1,365
Median Rent
$194,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Agricultural land / Farmland in Macomb County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Agricultural land with potential for rezoning near major retailers.
Where is this agricultural land / farmland located?
The property is located at 28937 26 Mile Rd Lenox, MI.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Prime location, just 1 mile from Interstate‑94.; High visibility with 13,000 vehicles passing by daily.; Zoned Agricultural with potential for rezoning for retail, car wash, or self‑storage.
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