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    6998 Newark Rd Imlay City, MI 48444

    Sponsored
    For Sale
    $295,000

    Prime Imlay City commercial land, B-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.37-acre commercial land parcel presents a unique investment opportunity in Imlay City, Michigan. Located at 6998 Newark Road, Lapeer County, this property boasts a B-3 zoning designation, opening doors to a wide range of commercial development possibilities. The expansive lot size provides ample space for various projects, from retail establishments and light industrial facilities to office complexes or other commercial ventures. The property's convenient location, east of M-53 (Van Dyke/Cedar St), ensures excellent visibility and accessibility for potential businesses. With an APN of I19-85-251-040-20 and a 48444 zip code, this strategically positioned land offers significant potential for growth and return on investment. The asking price for this remarkable property is $295,000. Don't miss this chance to acquire a substantial piece of commercial real estate in a thriving Michigan community. Detailed zoning information and site plans are available upon request. Serious inquiries only.

    Property Features for 6998 Newark Rd

    General Information

    Property type
    Land
    Lot Size
    364,597 SF

    HighLights

    • Land Property for Sale
    • Located near M‑53 (Van Dyke/Cedar St)
    • 8.37‑Acre Parcel
    • B‑3 Zoning
    • Asking Price: $295,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Imlay City
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.067258216317
    Latitude
    43.00723538088

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Imlay City commercial land, B-3 zoning.
    Where is this land located?
    The property is located at 6998 Newark Rd Imlay City, MI.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Land Property for Sale; Located near M-53 (Van Dyke/Cedar St); 8.37-Acre Parcel
    (586) 254-0900
    Request Owner's contact information
    6998 Newark Rd Imlay City, MI 48444
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    Imlay City, MI 48444
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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
    6998 Newark Rd Imlay City, MI 48444
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