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    Property profile & analytics
    OFF-MARKET
    High-rise multifamily apartments

    13320 27 Mile Rd, Washington, MI 48094

    133.5 ac lot
    Entity Owned
    Property ID
    US43-0966880
    Property summary
    AI-generated overview

    This exceptional 133.5-acre parcel, located at 13320 27 Mile Rd, Washington, MI 48094, presents a significant development opportunity. Situated on a hard corner at the intersection of 27 Mile Road and Schoenherr Road in northern Macomb County, this property boasts a highly desirable location. The land is zoned RIB, offering flexibility for a variety of uses, including mixed-use, residential, multi-family, or assisted living developments. The substantial lot size, coupled with its strategic location, makes it ideal for large-scale projects. The property's assessed parcel number (APN) is 04-35-200-003. The asking price is $6,000,000, translating to $44,943.82 per acre. This represents a compelling investment opportunity in a strong market. The area benefits from being within the highly-rated Romeo school district, adding further appeal to potential residential developments. This prime location and zoning flexibility make this property a rare find for developers seeking a substantial land holding with diverse development possibilities. Serious inquiries are encouraged. The property is located in Gratiot County, Michigan.

    Property profile
    Verified
    Property type High-rise multifamily apartments
    Lot 133.5 ac (5,815,260 SF)
    APN 04-35-200-003
    UPID US43-0966880
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Gtr Companies LLC
    Gtr Companies LLC
    since 2026
    3 recorded transactions
    2026
    $1.2M
    2024
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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