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    OFF-MARKET
    Land

    0 Nwc I-94 & Parma Rd, Parma, MI 49269

    117.99 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 117.99-acre commercial land parcel presents a unique investment opportunity in Parma Township, Jackson County, Michigan. Strategically located at the Northwest corner of I-94 and Parma Road, this property boasts significant frontage on both major roadways, providing unparalleled visibility and accessibility. The site is zoned MHP (Mobile Home Park), offering flexibility for various development options. The asking price is $1,950,000, translating to $16,526 per acre. The property's central Michigan location makes it ideal for warehousing and distribution, given its convenient access to I-94. Access is also available from the Michigan Avenue exit off I-94. The property includes four separate parcels with APNs: 025-06-25-301-002-00, 025-06-25-326-001-00, 025-06-25-176-001-00, and 025-06-25-276-002-02. This property is well-suited for developers seeking land contract, joint venture, lease, or build-to-suit opportunities. The zip code is 49269. This prime location offers substantial potential for significant return on investment.

    Property profile
    Verified
    Property type Land
    Lot 117.99 ac (5,139,644 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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