20560 Hall Rd Clinton Township, MI 48038
This exceptional commercial land offering presents a unique investment opportunity in Clinton Township, Michigan. Two parcels are available: a 1.46-acre outlot and a larger 6.23-acre tract, both zoned B-3. The asking price ranges from $3,700,000, reflecting a price per acre between $480,000 and $1,000,000 depending on the parcel size. Boasting 200 feet of frontage on heavily trafficked Hall Road (92,000 vehicles per day), this property benefits from an ideal location within a thriving retail corridor. Nearby established businesses include CJ Barrymore's, Parkway Chrysler, and McDonald's, with a Popeye's Chicken slated to open in 2024 on an adjacent parcel. All necessary due diligence, including environmental and topographical surveys, has been completed. Previous contract issues related to utilities have been fully resolved. To facilitate development, the seller is constructing a road from the entrance to the rear of the property. The site is approved for drive-thru access and includes a deceleration lane. This location offers easy access to Interstate-94, The Mall at Partridge Creek, and Macomb Community College. The area demonstrates strong demographics, with a median household income exceeding $75,000 within a one-mile radius and a growing population. This property is surrounded by existing retail, residential, and multi-family developments, indicating a robust and expanding market. This is a turnkey opportunity for immediate development in a high-demand location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.