Property profile

0 Cor Of Gibraltar Rd & Cambridge St Flat Rock, MI 48134

OFF-MARKET
Land
2.96 ac lot
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Property summary

AI-generated overview

This exceptional 2.96-acre commercial land parcel presents a remarkable investment opportunity in Flat Rock, Michigan. Strategically located at the southwest corner of Gibraltar Road and Cambridge Street, this property boasts 530 linear feet of frontage along Gibraltar Road, ensuring high visibility and accessibility. The property's current zoning designation is Planned Unit Development (PUD), permitting a variety of commercial uses, including retail establishments and office spaces. This flexibility makes it an ideal site for a diverse range of developments, such as a neighborhood retail center, a daycare facility, or an office/medical complex. The expansive lot size provides ample space for substantial construction and ample parking. The property's location in Wayne County, Michigan, offers convenient access to major transportation routes and a thriving local community. With its prime location, flexible zoning, and attractive asking price of $195,000, this property represents a compelling investment opportunity for discerning buyers seeking to capitalize on the growth potential of Flat Rock's commercial market. The Assessor's Parcel Number (APN) is 58131010010303. This property is situated in the 48134 zip code.

Property profile

Verified
Property type Land
Lot 2.96 ac (128,938 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cor Of Gibraltar Rd & Cambridge St Flat Rock, MI 48134
Flat Rock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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