Property profile

21 Mile Rd & Card Rd Macomb, MI 48044

OFF-MARKET
Land
1.67 ac lot
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Property summary

AI-generated overview

This exceptional 7.49-acre commercial land parcel in Macomb County, Michigan, presents a prime development opportunity. Located at the intersection of 21 Mile Road and Card Road, this property boasts a highly visible location with excellent access and high traffic counts. Zoned C-3, the site is ideally suited for a variety of commercial uses, including but not limited to gas stations, fast-food restaurants, car washes, retail establishments, and medical facilities. The 1.67 acres currently available is part of a larger development encompassing 41 condominiums and an additional 6.25 acres of commercial land. This strategic location benefits from its proximity to established businesses such as Walgreens, CVS, and Kroger, ensuring high visibility and strong consumer traffic. The property is available for lease, ground lease, or outright sale. Construction of the surrounding development is anticipated to commence in 2022, further enhancing the value and appeal of this exceptional investment opportunity. The property's address is SEC 21 Mile Rd & Card Rd, Macomb, MI 48044. This is a rare chance to secure a significant commercial land holding in a thriving Macomb County market.

Property profile

Verified
Property type Land
Lot 1.67 ac (72,745 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21 Mile Rd & Card Rd Macomb, MI 48044
Macomb metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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