0 Old Farm Trl Armada, MI 48005
This exceptional 37.05-acre parcel of vacant commercial land presents a unique investment opportunity in Armada, Michigan. Located in Macomb County, this property boasts a desirable square shape, simplifying development and maximizing usability. The land offers convenient access to Old Farm Trail, providing excellent accessibility for potential businesses and developments. Its proximity to 34 Mile Road to the north further enhances its strategic location, offering easy access to major transportation routes. The asking price for this expansive property is $499,000. Given its size, location, and accessibility, this land is ideally suited for a variety of commercial ventures, from industrial development to retail or other commercial uses. The property's square configuration minimizes wasted space and allows for efficient planning and construction. The absence of existing structures provides a blank canvas for ambitious projects, allowing for complete customization to meet specific business needs. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Macomb County, offering substantial potential for future appreciation and return on investment. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Detailed surveys and environmental reports are available upon request. This property is offered at $499,000. Serious inquiries only.
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
Similar Nearby for Sale
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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.