Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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