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Property profile & analytics
OFF-MARKET
Land

0 M-53 Romeo, MI 48065

1.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.29-acre industrial lot is located in Romeo, Macomb County, Michigan, at the address M-53, zip code 48065. Part of a brand new industrial development, this "shovel-ready" parcel offers significant advantages for immediate construction. The lot boasts municipal water and sanitary sewer service, eliminating the need for costly infrastructure development. Topsoil has already been removed, streamlining the building process and saving valuable time and resources. This property is ideally situated for businesses seeking efficient access to major transportation routes. The lot is part of a larger development featuring parcels ranging from 1.29 to 35.23 acres, providing flexibility for various project scales. For developers seeking a turnkey solution, the owner offers build-to-suit options, potentially including tax abatement opportunities. The asking price for this exceptional lot is $215,000. Note that the M-53 ramp is completed. This presents a rare opportunity to secure a prime industrial site in a rapidly developing area. Don't miss this chance to establish your business in a strategic location with all the necessary infrastructure in place.

Property profile
Verified
Property type Land
Lot 1.29 ac (56,192 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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CAP Approach CAP
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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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