0 Twenty-Three Mile Rd Macomb Township, MI 48038
This exceptional 32.53-acre parcel of land, located in Macomb Township, Michigan, presents a unique opportunity for commercial or industrial development. Situated on Twenty-Three Mile Rd, the property boasts excellent main road visibility, ensuring high traffic exposure for any future development. The property is zoned O-1, offering a wide range of potential uses. All utilities are conveniently located on-site, simplifying the construction process and reducing development costs. The land is being offered for sale at $335,000 per acre. This presents a compelling investment opportunity for developers seeking a strategically located site with significant potential for build-to-suit projects, lease opportunities, or ground leases. The property's size and zoning make it suitable for a variety of commercial and industrial uses. The APN numbers are 20-08-19-100-013 and -012. This prime location in Macomb County, Michigan, with its convenient access to major transportation routes and a thriving business community, makes this an exceptional investment opportunity. Contact us today to learn more about this exceptional property.
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.