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Property profile & analytics
OFF-MARKET
Land

15523 32 Mile Rd Romeo, MI 48065

7.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.5 ac (326,700 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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