Property summary
This exceptional 70.95-acre parcel presents a remarkable investment opportunity in Macomb County, Michigan. Located on 24 Mile Road in the desirable Macomb Township, this property boasts prime residential zoning, allowing for up to 3 units per acre, offering significant development potential. The land is ideally situated adjacent to a recently constructed subdivision, benefiting from existing infrastructure and established community amenities. Its strategic location directly across from Macomb Township's master-planned downtown district positions it for exceptional future appreciation. This rapidly growing market offers a compelling case for long-term investment and development. The property's expansive size and versatile zoning make it suitable for a variety of residential projects, from single-family homes to multi-family dwellings. With its convenient access to major roadways and proximity to thriving commercial centers, this land offers both immediate and long-term value. The asking price is $2,979,000. The property's 48042 zip code further underscores its location within a highly sought-after area of Macomb County. This is a rare opportunity to acquire a substantial land holding in a dynamic and expanding community. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to secure a piece of Macomb County's promising future.
Property profile
VerifiedCap rate & NOI
Current use
-
Building Supply
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
AG · Macomb, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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