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    OFF-MARKET
    Land

    67800-67990 Powell Rd, Washington, MI 48095

    25.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 25.25-acre parcel of land presents a unique opportunity for commercial development. Located in Washington, Michigan, within Macomb County, this property boasts a prime location with convenient access to major roadways (specific details not provided). Currently zoned for residential use, the land offers significant potential for a variety of commercial ventures, subject to necessary approvals and permits. The asking price is $1,515,000. Further information regarding sewer location and a survey is available upon request. This expansive acreage provides ample space for large-scale projects, offering flexibility in design and development. The property's address is 67800-67990 Powell Road, Washington, MI 48095. Its geographical coordinates are latitude 42.793945 and longitude -82.982832. This is a blank canvas for an ambitious commercial undertaking in a desirable Michigan location. Interested parties should conduct their own due diligence regarding zoning regulations and development possibilities. The property is currently vacant and ready for immediate development.

    Property profile
    Verified
    Property type Land
    Lot 25.25 ac (1,099,890 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
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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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