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Property profile & analytics
OFF-MARKET
Land

27944 Cotton Rd New Baltimore, MI 48047

365000 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.5-acre parcel of land, located at 27944 Cotton Road in Chesterfield Township, Michigan, presents a remarkable opportunity for builders and developers. Situated in a highly populated residential area of Macomb County, this property boasts a convenient location at the intersection of M-94 and Cotton Road, offering excellent accessibility. The lot size ranges from 365,000 to 375,000 square feet and is primarily cleared of large trees, minimizing site preparation costs. Currently zoned residential, this land is ideal for various residential development projects. Interested parties are encouraged to verify zoning details with the city to confirm whether R2 multifamily zoning applies. The asking price is $420,000. The property's APN is 0920300043. This is a privately owned lot, offering a unique chance to acquire a substantial piece of land in a desirable area. Bring your offers and capitalize on this prime development opportunity. Buyer to verify all information.

Property profile
Verified
Property type Land
Lot 365000 ac (15,899,400,000 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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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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