15523 32 Mile Rd Romeo, MI 48065
This exceptional 7.5-acre parcel of industrially zoned land presents a significant investment opportunity in Macomb County, Michigan. Located at 15523 32 Mile Road, just east of Powell Road, this property boasts a highly desirable location for industrial development. The land is zoned for industrial use, providing flexibility for a variety of potential projects. Currently situated on the property is a 1950s-era home, adding to the overall value. However, the primary asset lies in the significant potential of the land itself. The asking price for this substantial property is $650,000. The property's address is 15523 32 Mile Rd, Romeo, MI 48065. This is a private ownership opportunity. The property's size and zoning make it ideal for various industrial uses, offering a strong return on investment for the discerning buyer. The location provides easy access to major transportation routes, further enhancing its appeal. This is a rare chance to acquire a large, well-located industrial land parcel in a thriving area. Don't miss this chance to secure this valuable asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.