Property profile

100 Macomb Daily Dr Mount Clemens, MI 48043

FOR SALE
Warehouses
Property ID
US43-0898975
33,234 SF 2.3 ac lot Built 1994
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 43,124-square-foot industrial property, located at 100 Macomb Daily Drive in Mount Clemens, Michigan, presents a compelling investment opportunity. Situated on a nearly one-acre (0.99 acres) lot, this fully fenced, flat, and treeless site is zoned L-1 for industrial use, allowing for a wide range of applications. The property's dimensions measure 130 feet by 33 feet, providing ample space for various industrial needs, including manufacturing, warehousing, automotive, logistics, or trucking operations. All city water and sewer utilities are readily available, simplifying development and operational needs. Its strategic location offers fantastic access to I-94, providing seamless connectivity to major transportation arteries. The property's proximity to the former Gibraltar Trade Center further enhances its appeal. This property is priced at $195,000, translating to $4.52 per square foot. The property's location within the Macomb submarket of the Detroit market makes it an attractive option for businesses seeking a well-situated industrial space in a thriving area. The 48043 zip code ensures easy identification and access.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1994
Total area 33,234 SF
Lot 2.3 ac (100,014 SF)
Zoning code L-1
APN 05-11-13-201-009
UPID US43-0898975

Cap rate & NOI

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

Location

100 Macomb Daily Dr Mount Clemens, MI 48043
Mount Clemens metro Census 245000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.47M
Blend (final) Blend
$1.57M

Owner & transaction history

since 2017
5 recorded transactions
2017
$1.5M
2017
Price N/A
2016
$450,000
2007
Price N/A
1969
Price N/A

Zoning & alternative use

L-1 · Mount Clemens, MI
Top alternative use upside
Medical building $4.1M +82.1%
Commercial (general) $3.4M +52.4%
Retail stores $2.9M +29.6%

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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More about this property
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