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Property profile & analytics
OFF-MARKET
Land

6998 Newark Rd Imlay City, MI 48444

8.37 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 8.37 ac (364,597 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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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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