0 1.15-Acre Erb Dr Macomb, MI 48042
This exceptional 1.15-acre parcel, located in Macomb County, Michigan, presents a prime opportunity for industrial development. Zoned for light industrial use, this property offers significant potential for a new construction project. The lot, measuring approximately 295 feet by 173 feet, is conveniently situated near I-94, ensuring high visibility and excellent accessibility. The asking price is $250,000, translating to $16.67 per square foot and $217,391 per acre. The site allows for the construction of a building ranging from 10,000 to 15,000 square feet. All city utilities, including gas, water, and sewer, are readily available. Note that this lot will be split from 46705 Erb Drive. The property's address is 1.15-acre Erb Drive, Macomb, MI 48042, with the APN 20-08-36-227-004. This is a rare opportunity to acquire a well-located, buildable industrial lot in a thriving area. Don't miss out on this chance to establish your business in a strategic location with excellent infrastructure and access to major transportation routes.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.