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    OFF-MARKET
    Land

    0 22 Mile Rd, Shelby Township, MI 48317

    1.89 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.887-acre commercial and industrial land parcel is strategically located in Shelby Township, Michigan, off 22 Mile Road, boasting high traffic counts and excellent visibility. The property, identified by APN 23-07-20-300-047, is zoned for industrial use and offers significant development potential. A proposed plan outlines a 18,674 square foot building, divisible into two tenant spaces. This includes a substantial 14,440 square foot shop area and 4,234 square feet of office space. Permitted uses include contractor yards, landscaping businesses, and outdoor storage. The site includes 57 parking spaces. While sewer is not available, the property's prime location and versatile zoning make it an attractive investment opportunity for a variety of businesses. The asking price for this exceptional land is $449,000. The property's address is 22 Mile Rd, Utica, MI 48317, in Macomb County.

    Property profile
    Verified
    Property type Land
    Lot 1.89 ac (82,198 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
    Current use
    Occupant on record · Public records
    • Raise it Rite Concrete leveling Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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