23 Mile & Garfield, Macomb, MI 48044
This exceptional 22.93-acre commercial land parcel presents a unique investment opportunity in Macomb Township, Michigan. Located at the southwest corner of 23 Mile and Garfield Roads, this property boasts unparalleled visibility and accessibility. The M-1 zoning allows for a wide range of commercial uses, making it suitable for various development projects. All utilities are conveniently located on-site, simplifying the construction process. The asking price is $335,000 per acre, representing a compelling value for this strategically positioned land. The property's size and zoning make it suitable for build-to-suit projects, lease opportunities, or ground leases. Its prime location in Macomb County, with a 48044 zip code, offers easy access to major transportation routes and a thriving local market. This is an exceptional chance to acquire a significant commercial land holding with high potential for future growth and return on investment. The property's latitude and longitude coordinates are 42.671461 and -82.9576866 respectively.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.