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    21 Mile Rd & Card Rd Macomb, MI 48044

    Sponsored
    For Sale
    $1,000,000

    Prime 1.67-acre C-3 zoned lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.67-acre commercial land parcel, located at the intersection of 21 Mile Road and Card Road in Macomb County, Michigan (zip code 48044), presents a remarkable investment opportunity. Zoned C-3, this property offers diverse development potential, ideal for a fast-food restaurant, childcare center, retail establishment, or medical facility. Situated in a high-traffic area with strong surrounding residential density, the location boasts excellent visibility and accessibility. Neighboring businesses include Walgreens, CVS, and Kroger, ensuring high foot traffic and brand recognition. The asking price is $1,000,000. This property is part of a larger development including 41 condominiums and additional commercial land, promising significant growth and future value. The property is available for sale, ground lease, or lease. Construction on the surrounding development is slated to begin in the fall of 2024. Don't miss this chance to secure a prime location in a thriving Macomb County community.

    Property Features for 21 Mile Rd & Card Rd

    General Information

    Property type
    Land
    Lot Size
    72,745 SF

    HighLights

    • 1.67‑acre commercial land parcel in Macomb County, MI (48044), at 21 Mile Road & Card Road intersection.
    • C‑3 zoning allows for various uses including fast food, retail, medical, and childcare.
    • High‑traffic location with excellent visibility and accessibility, near Walgreens, CVS, and Kroger.
    • Asking price: $1,000,000; Sale, ground lease, or lease options available.
    • Part of a larger development (41 condos & commercial land), with construction starting Fall 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.89667931
    Latitude
    42.64389092

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    FAQs

    What type of property is this?
    Land - Prime 1.67-acre C-3 zoned lot
    Where is this land located?
    The property is located at 21 Mile Rd & Card Rd Macomb, MI.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 1.67-acre commercial land parcel in Macomb County, MI (48044), at 21 Mile Road & Card Road intersection.; C-3 zoning allows for various uses including fast food, retail, medical, and childcare.; High-traffic location with excellent visibility and accessibility, near Walgreens, CVS, and Kroger.
    Request Owner's contact information
    21 Mile Rd & Card Rd Macomb, MI 48044
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    Macomb, MI 48044
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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
    21 Mile Rd & Card Rd Macomb, MI 48044
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