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    OFF-MARKET
    Land

    21 Mile Rd & Card Rd, Macomb, MI 48044

    1.67 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 1.67 ac (72,745 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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