Property profile

23 Mile & Garfield Macomb, MI 48044

OFF-MARKET
Land
1 SF
Saved · see the list in your Dashboard

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

Location

23 Mile & Garfield Macomb, MI 48044
Macomb metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23 Mile & Garfield?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message