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    OFF-MARKET
    Land

    23 Mile & Garfield, Macomb, MI 48044

    1 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 22.93-acre commercial land parcel presents a unique investment opportunity in Macomb Township, Michigan. Located at the southwest corner of 23 Mile and Garfield Roads, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The site is zoned M-1, allowing for a variety of uses, subject to township approvals. The single-tenant designation offers flexibility for a single large-scale operation or the potential for future subdivision (subject to zoning regulations). With its expansive acreage and prime location, this property offers significant potential for substantial returns. The property is situated in Macomb County, Michigan, with a zip code of 48044. Its coordinates are 42.671461 latitude and -82.9576866 longitude. This is a rare opportunity to acquire a large, strategically located commercial land parcel in a thriving Michigan community. Serious inquiries are encouraged to explore the possibilities this property offers. The total building square footage is currently listed as 1 square foot, indicating that this is a vacant land parcel ready for development. Prospective tenants or developers should conduct their own due diligence regarding zoning regulations and permitted uses. This property is offered for lease.

    Property profile
    Verified
    Property type Land
    Total area 1 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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