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    OFF-MARKET
    Land

    0 Deer Park, Capac, MI 48014

    80 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 80-acre commercial land parcel presents a unique investment opportunity in Capac, Michigan, within St. Clair County (zip code 48014). Currently zoned for residential use, this property offers significant potential for various development projects. The land is priced at $656,000, translating to $8,208 per acre. The site boasts existing infrastructure, including readily available utilities. While previous development on the larger parcel included 24 single-family homes and 16 condo buildings with a total of 48 units, this listing focuses solely on the remaining 80 acres. This substantial acreage allows for the creation of approximately 40 single-family home lots, further expanding on the existing residential community. Additionally, the site's size and infrastructure could support the construction of approximately 250 mini self-storage units, catering to a growing market demand. The property's location in Capac, Michigan, offers convenient access to local amenities and transportation routes, making it an attractive location for residential development. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential. Detailed site plans and further information are available upon request.

    Property profile
    Verified
    Property type Land
    Lot 80 ac (3,484,800 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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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