Property profile

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

OFF-MARKET
Land
117.99 ac lot
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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

Location

Nwc I-94 & Parma Rd Parma, MI 49269
Parma metro
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Value estimations

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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
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