6998 Newark Rd Imlay City, MI 48444
This exceptional 8.37-acre commercial land parcel presents a unique investment opportunity in Imlay City, Michigan. Located at 6998 Newark Road, Lapeer County, this property boasts a B-3 zoning designation, opening doors to a wide range of commercial development possibilities. The expansive lot size provides ample space for various projects, from retail establishments and light industrial facilities to office complexes or other commercial ventures. The property's convenient location, east of M-53 (Van Dyke/Cedar St), ensures excellent visibility and accessibility for potential businesses. With an APN of I19-85-251-040-20 and a 48444 zip code, this strategically positioned land offers significant potential for growth and return on investment. The asking price for this remarkable property is $295,000. Don't miss this chance to acquire a substantial piece of commercial real estate in a thriving Michigan community. Detailed zoning information and site plans are available upon request. Serious inquiries only.
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
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.