Listing Agency: P.A. Commercial Corporate & Investment Real Estate j***@pacommercial.com Show Phone

Listed By: John Arthurs · License #MI 6501222941

Source: Crexi

Added: Feb 25, 2021 Changed: Aug 8 Last Checked: Jul 16 at 11:38AM

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Investment Insights

Based on property information with market context.

This 6.4-acre lot features approximately 3.5 net buildable acres, taking into account the presence of retention ponds. While currently zoned for residential use, the Township is open to considering commercial and other uses for the property. City water and sewer services are accessible at the site. The parcel is situated on the west side of McKay Road, conveniently located off 33 Mile Road in Romeo/Bruce Township. Its location provides quick access to M-53, situated just 0.15 miles from the property. The surrounding area includes both residential and industrial developments.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Law Firm 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

27

Businesses Nearby

Explore this area Business Placement

Demographics for 48065, MI

11,228

Population

4,672

Households

2.4

Avg Household Size

44

Median Age

34%

College-Educated

91%

High-School Grad

37.4 sq mi

ZIP Area

300

Density / Sq Mi

$104,348

Median Household Income

$47,892

Median Earnings

$1,047

Median Rent

$341,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 6.4-acre lot with 3.5 net buildable acres available for sale.

Where is this commercial land located?

The property is located at 71255 McKay Rd Romeo, MI.

What is the asking price?

The asking price for this property is $600,000.