32140 Twenty-Six Mile Rd New Baltimore, MI 48047
This exceptional 16.43-acre commercial land parcel presents a remarkable investment opportunity in Chesterfield Township, Michigan. Located at 32140 Twenty-Six Mile Road, this property boasts a highly desirable location, situated on a great hard corner just east of Gratiot Avenue and west of I-94, offering unparalleled accessibility and visibility. The property is zoned RM-1 and MU, allowing for a multitude of potential commercial uses, subject to township approvals. With a total area of 16.43 acres, the land provides ample space for development, catering to a wide range of commercial projects. The asking price is $769,000, translating to a land value of $46,804 per acre. The property's strategic location near major thoroughfares ensures high traffic volume and excellent exposure for any commercial venture. The parcel's size and zoning flexibility make it an ideal canvas for entrepreneurs and developers seeking a prime location to establish their business. The APN is 09-03-200-009. This is a rare opportunity to acquire a significant commercial land holding in a thriving Michigan community. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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