49421 Hayes Rd Shelby Township, MI 48315
This exceptional 5.35-acre commercial land parcel presents a unique investment opportunity in Shelby Township, Michigan. Located at 49421 Hayes Road, Utica, MI 48315 (APN 23-07-24-400-018), this property boasts 279 feet of frontage on Hayes Road, providing excellent visibility and accessibility. Currently zoned O-1, the land offers considerable potential for a variety of commercial developments. Permitted uses include banks and credit unions, with possibilities for senior living facilities or assisted living, subject to potential rezoning. All utilities are readily available, simplifying the development process. The asking price of $1,430,000 reflects a recent price reduction, making this an attractive proposition for discerning investors. This prime location in Macomb County offers easy access to major transportation routes and a thriving local community. The property's size and zoning flexibility make it ideal for a wide range of commercial ventures, promising significant return on investment. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.