Property summary
This exceptional 1.67-acre commercial land parcel, located at the intersection of 21 Mile Road and Card Road in Macomb County, Michigan (zip code 48044), presents a remarkable investment opportunity. Zoned C-3, this property offers diverse development potential, ideal for a fast-food restaurant, childcare center, retail establishment, or medical facility. Situated in a high-traffic area with strong surrounding residential density, the location boasts excellent visibility and accessibility. Neighboring businesses include Walgreens, CVS, and Kroger, ensuring high foot traffic and brand recognition. The asking price is $1,000,000. This property is part of a larger development including 41 condominiums and additional commercial land, promising significant growth and future value. The property is available for sale, ground lease, or lease. Construction on the surrounding development is slated to begin in the fall of 2024. Don't miss this chance to secure a prime location in a thriving Macomb County community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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