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    45400 Romeo Plank Rd Macomb, MI 48044

    Sponsored
    For Sale
    $4,000,000

    13.99 Acres, Prime Hall Road Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13.99-acre commercial land parcel presents a unique investment opportunity in Macomb Township, Michigan. Located at 45400 Romeo Plank Road, the property boasts a highly desirable Community Facilities zoning designation, opening doors to a variety of development possibilities. Its strategic location within the vibrant Hall Road Corridor provides unparalleled access to a wealth of retail and dining establishments, ensuring high visibility and convenient access for potential tenants and customers. The property's significant acreage offers ample space for large-scale projects, while its natural beauty, including scenic wetlands, rivers, and ponds, creates a tranquil and attractive setting. The asking price for this remarkable property is $4,000,000. The parcel's APN is 08-33-376-019. This location offers a compelling blend of natural beauty and prime commercial accessibility, making it an ideal site for a variety of uses, including, but not limited to, hospitals, senior living facilities, or medical groups seeking to establish a prominent presence in a thriving community. The property's size and zoning make it suitable for a campus-style development, allowing for the seamless integration of buildings and landscaping. This is a rare opportunity to acquire a substantial land parcel in a high-demand area with significant development potential. The property is situated in Macomb County, Michigan, with a zip code of 48044.

    Property Features for 45400 Romeo Plank Rd

    General Information

    Property type
    Land
    Lot Size
    609,404 SF

    HighLights

    • 13.99‑acre commercial land parcel in Macomb Township, MI.
    • Located at 45400 Romeo Plank Road with Community Facilities zoning.
    • Situated in the Hall Road Corridor with high visibility and convenient access.
    • Asking price: $4,000,000; APN: 08‑33‑376‑019; Zip code: 48044.
    • Suitable for large‑scale projects, including hospitals, senior living, or medical facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9357337
    Latitude
    42.6310266

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    FAQs

    What type of property is this?
    Land - 13.99 Acres, Prime Hall Road Location
    Where is this land located?
    The property is located at 45400 Romeo Plank Rd Macomb, MI.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 13.99-acre commercial land parcel in Macomb Township, MI.; Located at 45400 Romeo Plank Road with Community Facilities zoning.; Situated in the Hall Road Corridor with high visibility and convenient access.
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    45400 Romeo Plank 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
    45400 Romeo Plank Rd Macomb, MI 48044
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