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Property profile & analytics
OFF-MARKET
Land

0 1.15-Acre Erb Dr Macomb, MI 48042

15,000 SF 1.15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Total area 15,000 SF
Lot 1.15 ac (50,094 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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