Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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