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Property profile & analytics
OFF-MARKET
Land

0 Old Farm Trl Armada, MI 48005

37.05 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 37.05 ac (1,613,898 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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