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    OFF-MARKET
    Land

    0 30 4 Mile Rd, Bruce TW, MI 48065

    80.34 ac lot
    Property ID
    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
    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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