Property profile

16701 25 Mile Rd Macomb, MI 48042

FOR SALE
Commercial land
Property ID
US43-1427817
0.47 ac lot
Individually Owned 25-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 16701 25 Mile Rd, Macomb, MI 48042, presents a unique investment opportunity. The 0.47-acre lot offers significant potential for a variety of uses, including retail, office, or a combination thereof. The property's storefront configuration is ideal for businesses seeking high visibility and convenient access. Its classification as executive office space suggests suitability for professional services or corporate offices. The asking price is $250,000, translating to a land value of $531,914 per acre. The property is situated in Macomb County, within the Macomb East submarket, and is conveniently located near the Detroit-Warren-Dearborn Metropolitan Statistical Area (MSA). The sale terms require cash to the seller. The property's tax ID/APN is 08-05-351-007. While the cap rate is undisclosed, the strong location and versatile nature of the property make it an attractive investment prospect for discerning buyers. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.47 ac (20,604 SF)
Zoning code C2
APN 20-08-05-351-007
UPID US43-1427817

Cap rate & NOI

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

Location

16701 25 Mile Rd Macomb, MI 48042
Macomb metro Census 223802 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Zoning & alternative use

C2 · Macomb, MI

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message