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    OFF-MARKET
    Land

    50601 Executive Dr, Macomb, MI 48044

    45,750 SF 2.6 ac lot Built 2024
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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