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    OFF-MARKET
    Land

    21 Mile Rd & Card Rd, Macomb, MI 48044

    1.67 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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