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Property profile & analytics
OFF-MARKET
Land

0 22 Mile Rd Shelby Township, MI 48315

5.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.74-acre commercial land parcel presents a compelling investment opportunity in Shelby Township, Michigan. Strategically located on the north side of 22 Mile Road, between M-53 (Van Dyke Expressway) to the west and Schoenherr Road to the east, this property enjoys a prime location within a thriving area. The site is surrounded by existing developments, indicating strong market demand and established infrastructure. Its suitability for a small residential development is further enhanced by the readily available utilities, including water, sewer, gas, and electric connections already in place. The asking price for this highly desirable parcel is $695,000. The property's address is 22 Mile Road, Shelby Township, MI 48315, situated in Macomb County. Given its location, existing infrastructure, and potential for development, this land offers significant upside for discerning investors seeking a prime commercial opportunity in a rapidly growing area. The 5.74-acre lot size provides ample space for a variety of development projects, making it an attractive option for both residential and potentially other commercial ventures.

Property profile
Verified
Property type Land
Lot 5.74 ac (250,034 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
Current use
Occupant on record · Public records
  • Raise it Rite Concrete leveling Construction Company General Contractor
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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