Property profile

50601 Executive Dr Macomb, MI 48044

OFF-MARKET
Land
45,750 SF 2.6 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional offering presents an unparalleled opportunity to acquire two vacant, Class A industrial land parcels ideally situated in Macomb, Michigan. The property encompasses two lots, totaling 2.6 to 3.2 acres, with a combined building area of 45,750 to 51,550 square feet. Lot 4 at 50701 Executive Drive features 45,750 square feet, including 5,250 square feet of office space and 40,500 square feet of shop space, situated on 2.6 acres with 385 feet of frontage and 92 parking spaces. Lot 5, located at 50601 Executive Drive, offers 51,550 square feet, comprising 6,300 square feet of office space and 45,250 square feet of shop space, situated on 3.2 acres with 471 feet of frontage and 103 parking spaces. Both lots are zoned M1, providing flexibility for a variety of industrial uses. The property boasts a prime location south of 23 Mile Road and west of Romeo Plank Road in Macomb County, offering excellent access to major transportation routes and a skilled workforce. Built in 2024, these properties represent a unique opportunity for owner-users seeking a modern, efficient, and strategically located industrial facility. The combined parking capacity for both lots is 195 spaces. APN is 20-08-20-100-018. This is a truly exceptional investment opportunity.

Property profile

Verified
Property type Land
Year built 2024
Total area 45,750 SF
Lot 2.6 ac (113,256 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50601 Executive Dr Macomb, MI 48044
Macomb metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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