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    FOR SALE
    Outlet malls

    18400 Hall Rd, Clinton Township, MI 48038

    175,143 SF 22.87 ac lot Built 2007
    Individually Owned 15-yr Hold Free & Clear
    Property ID
    US43-1128018
    18400 Hall Rd, Clinton Township, MI 48038 For Sale
    $18,620,000 175,143 SF
    18400 Hall Rd, Clinton Township, MI 48038
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    Property summary
    AI-generated overview

    This exceptional 2.2-acre commercial land parcel presents a prime investment opportunity in Clinton Township, Michigan. Strategically located as a Walmart outparcel, the property boasts excellent visibility and frontage along heavily trafficked Romeo Plank Road, experiencing over 26,000 cars daily. Its B-4, Regional Business zoning allows for a wide range of commercial development options. The site benefits from a strong demographic profile, with over 245,000 people residing within a 5-mile radius and an average household income exceeding $96,000. This location offers unparalleled access to a thriving retail environment, situated near major retail anchors including Partridge Creek Mall (anchored by Nordstrom), Costco, Meijer, LA Fitness, Nino Salvaggio's, Home Depot, and Lowe's. The property's address is 18400 Hall Rd, Clinton Township, MI 48038, within Macomb County. This high-traffic, high-visibility location makes it ideal for a variety of commercial uses, offering significant potential for growth and return on investment. The property is zoned for Regional Business use, providing flexibility for development. This is a rare opportunity to acquire a well-positioned commercial land parcel in a densely populated and affluent area.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 2007
    Total area 175,143 SF
    Lot 22.87 ac (996,261 SF)
    Zoning code B-4
    APN 16-11-05-226-006
    UPID US43-1128018
    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
    by Request
    Comparable Approach Comparable
    $18.62M
    Blend (final) Blend
    $18.62M
    Owner & transaction history
    Charter Township Of Clinton · 15 yrs held
    Charter Township Of Clinton
    since 2010
    4 recorded transactions
    2010
    2010
    2008
    2008
    Zoning & alternative use
    B-4 · Clinton Township, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $24.8M +16.8%
    Medical building $21.5M +1.2%
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    More about this property
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