Property profile

0 26 Mile & New Hvn Rd New Baltimore, MI 48048

OFF-MARKET
Land
8.56 ac lot
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Property summary

AI-generated overview

This exceptional 8.56-acre commercial land parcel presents a remarkable development opportunity in the thriving Gratiot Corridor of New Baltimore, Michigan. Located at the hard corner of Twenty Six Mile and New Haven Roads, this property boasts over 1700 feet of combined frontage, ensuring maximum visibility and accessibility for any commercial venture. The property is zoned General Business (GB), allowing for a wide range of development possibilities. All utilities are readily available, simplifying the construction process and minimizing upfront costs. The strategic location within the busy Gratiot Corridor guarantees high traffic volume and exposure to a large customer base. This prime piece of land is ideal for a variety of commercial uses, from retail and restaurants to office spaces and light industrial facilities. The parcel is identified by APN numbers 26-06-33-476-014 & 26-06-34-352-002 and is offered at an attractive asking price of $1,795,000. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area. The property's size and location make it an exceptional investment for both short-term and long-term growth. Contact us today to learn more about this outstanding opportunity.

Property profile

Verified
Property type Land
Lot 8.56 ac (372,874 SF)

Cap rate & NOI

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

Location

26 Mile & New Hvn Rd New Baltimore, MI 48048
New Baltimore metro
Google Maps

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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