Property profile

33633 23 Mile Rd New Baltimore, MI 48047

OFF-MARKET
Land
Property ID
US43-0931814
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Property summary

AI-generated overview

This exceptional 112.91-acre property, located at 33633 23 Mile Rd in New Baltimore, Michigan (APN 15-09-14-100-025), presents a rare opportunity for developers and investors. Currently vacant land, the property boasts a unique zoning designation allowing for both commercial and residential development. The front portion is zoned commercial, while the rear is zoned residential, offering unparalleled flexibility for a variety of projects. Situated in Macomb County, within the highly-rated Anchor Bay school district, this location provides access to a strong community and excellent educational resources. The expansive acreage allows for creative urban planning, potentially incorporating dynamic retail spaces, modern housing developments, or a blend of both. This prime real estate offers limitless potential for creating a vibrant and thriving community. The asking price is $2,000,000. The property's strategic location and versatile zoning make it an ideal investment for those seeking a high-impact project with significant long-term value. This is a truly unique opportunity to shape the future of this desirable area. The property's history as a golf course adds to its appeal, offering a blank canvas for innovative development.

Property profile

Verified
Property type Land
UPID US43-0931814

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Sports School Gym & Fitness Center

Location

33633 23 Mile Rd New Baltimore, MI 48047
New Baltimore metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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