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    50601 Executive Dr Macomb, MI 48044

    Sponsored
    For Sale
    Contact for pricing

    Two prime industrial sites, vacant & ready.

    Property size:
    45,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional offering presents an unparalleled opportunity to acquire two vacant, Class A industrial land parcels ideally situated in Macomb, Michigan. The property encompasses two lots, totaling 2.6 to 3.2 acres, with a combined building area of 45,750 to 51,550 square feet. Lot 4 at 50701 Executive Drive features 45,750 square feet, including 5,250 square feet of office space and 40,500 square feet of shop space, situated on 2.6 acres with 385 feet of frontage and 92 parking spaces. Lot 5, located at 50601 Executive Drive, offers 51,550 square feet, comprising 6,300 square feet of office space and 45,250 square feet of shop space, situated on 3.2 acres with 471 feet of frontage and 103 parking spaces. Both lots are zoned M1, providing flexibility for a variety of industrial uses. The property boasts a prime location south of 23 Mile Road and west of Romeo Plank Road in Macomb County, offering excellent access to major transportation routes and a skilled workforce. Built in 2024, these properties represent a unique opportunity for owner-users seeking a modern, efficient, and strategically located industrial facility. The combined parking capacity for both lots is 195 spaces. APN is 20-08-20-100-018. This is a truly exceptional investment opportunity.

    Property Features for 50601 Executive Dr

    General Information

    Property type
    Land
    Square Feet
    45,750 SF
    Class
    A
    Lot Size
    113,256 SF

    Building Details

    Year Built
    2024
    Buildings
    2
    Units
    2

    HighLights

    • Two vacant Class A industrial land parcels totaling 2.6 to 3.2 acres.
    • Lot 4 (50701 Executive Drive): 45,750 square feet; 5,250 square feet of office space; 40,500 square feet of shop space; 2.6 acres; 385 feet of frontage; 92 parking spaces.
    • Lot 5 (50601 Executive Drive): 51,550 square feet; 6,300 square feet of office space; 45,250 square feet of shop space; 3.2 acres; 471 feet of frontage; 103 parking spaces.
    • Both lots are M1 zoned.
    • Prime Macomb County location, south of 23 Mile Road and west of Romeo Plank Road, offering excellent access to transportation.
    • Built in 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.951475179782
    Latitude
    42.671699658139

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    FAQs

    What type of property is this?
    Land - Two prime industrial sites, vacant & ready.
    Where is this land located?
    The property is located at 50601 Executive Dr Macomb, MI.
    What are key features of this property?
    This property features: Two vacant Class A industrial land parcels totaling 2.6 to 3.2 acres.; Lot 4 (50701 Executive Drive): 45,750 square feet; 5,250 square feet of office space; 40,500 square feet of shop space; 2.6 acres; 385 feet of frontage; 92 parking spaces.; Lot 5 (50601 Executive Drive): 51,550 square feet; 6,300 square feet of office space; 45,250 square feet of shop space; 3.2 acres; 471 feet of frontage; 103 parking spaces.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50601 Executive Dr Macomb, MI 48044
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