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    Deer Park Capac, MI 48014

    Sponsored
    For Sale
    $656,000

    Prime Capac, MI development opportunity. 80 acres, residential zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 80-acre commercial land parcel presents a unique investment opportunity in Capac, Michigan, within St. Clair County (zip code 48014). Currently zoned for residential use, this property offers significant potential for various development projects. The land is priced at $656,000, translating to $8,208 per acre. The site boasts existing infrastructure, including readily available utilities. While previous development on the larger parcel included 24 single-family homes and 16 condo buildings with a total of 48 units, this listing focuses solely on the remaining 80 acres. This substantial acreage allows for the creation of approximately 40 single-family home lots, further expanding on the existing residential community. Additionally, the site's size and infrastructure could support the construction of approximately 250 mini self-storage units, catering to a growing market demand. The property's location in Capac, Michigan, offers convenient access to local amenities and transportation routes, making it an attractive location for residential development. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential. Detailed site plans and further information are available upon request.

    Property Features for 0 Deer Park

    General Information

    Property type
    Land
    Lot Size
    3,484,800 SF

    HighLights

    • 80 Acres Remaining in Capac, MI
    • Potential for 40 Single‑Family Home Lots
    • Existing 42 Condominium Units on‑site
    • Potential for 250 Mini Self‑Storage Units
    • All Utilities Available on‑site
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Capac
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.9333727
    Latitude
    43.0059999

    Nearby Comparable

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    Nearby Similar for Sale

    • $450,000

      Former Church with Commercial Land

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      4331 Capac Rd, Capac, MI 48014
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      Entertainment Venue with Full Kitchen

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      Capac Farmhouse on 46 Acres

      Charming 4-bedroom farmhouse with outbuildings and cottage on 46 acres.
      15594 Bryce Rd, Capac, MI 48014
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      Capac Industrial Lot - High Traffic

      1.02-Acre Industrial Lot, High Visibility
      Downey Rd, Capac, MI 48014
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    • $289,900
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      Capac Industrial Building - Prime Location

      Historic building, two units, 2,500 sq ft
      124 Main St, Capac, MI 48014
      View Details

    FAQs

    What type of property is this?
    Land - Prime Capac, MI development opportunity. 80 acres, residential zoning.
    Where is this land located?
    The property is located at Deer Park Capac, MI.
    What is the asking price?
    The asking price for this property is $656,000.
    What are key features of this property?
    This property features: 80 Acres Remaining in Capac, MI; Potential for 40 Single-Family Home Lots; Existing 42 Condominium Units on-site
    (248) 663-0508
    Request Owner's contact information
    Deer Park Capac, MI 48014
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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
    Deer Park Capac, MI 48014
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