Property profile

0 30 4 Mile Rd Bruce TW, MI 48065

OFF-MARKET
Land
80.34 ac lot
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Property summary

AI-generated overview

This exceptional 80.34-acre parcel in Macomb County's Bruce Township, Michigan (zip code 48065), presents a unique investment opportunity. Currently utilized as a soybean and horse farm, the land boasts two streams running through it, adding to its natural beauty and potential. The property is zoned R-1, offering flexibility for various development projects. Imagine the possibilities: a thriving industrial park, a residential community, or a serene senior housing facility. The location, at 42.8311784 latitude and -83.0390236 longitude, along Thirty Four Mile Road, provides convenient access to surrounding areas. With a total asking price of $2,410,200, this translates to a competitive price of $30,000 per acre. This substantial acreage offers significant potential for substantial returns, making it an attractive proposition for discerning investors seeking a versatile and strategically located land asset in a growing Michigan market. The existing agricultural use demonstrates the land's productivity and suitability for various purposes. Don't miss this chance to acquire a large, well-situated parcel with significant development potential.

Property profile

Verified
Property type Land
Lot 80.34 ac (3,499,610 SF)

Cap rate & NOI

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

Location

30 4 Mile Rd Bruce TW, MI 48065
Bruce TW 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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