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    OFF-MARKET Estimated value $3,960,000
    Commercial real estate

    26 Mile Rd, Lenox, MI 48048

    1.73 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US43-0327474
    Property summary
    AI-generated overview

    This exceptional 10-acre parcel of land presents a unique opportunity for outdoor enthusiasts and investors alike. Located in Lenox Township, Macomb County, Michigan, this property boasts 400 feet of frontage on 26 Mile Road, providing convenient access and excellent visibility. The land is currently vacant and zoned for recreational use, making it ideal for hunting, camping, or other outdoor activities. Its expansive size offers ample space for building a cabin or establishing a private retreat. The property is situated within the New Haven Community Schools district. With its convenient location and versatile zoning, this property offers significant potential for a variety of uses, including residential development, subject to local zoning regulations. The asking price is $425,000. The property's address is 26 Mile Road, Lenox, MI 48048. This is a rare opportunity to acquire a substantial piece of land in a desirable location. Serious inquiries are encouraged. The property is conveniently located near the city of New Haven. The geographic coordinates are 42.7194189 latitude and -82.7956021 longitude.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.73 ac (75,359 SF)
    Zoning code CG
    APN 19-06-36-300-034
    UPID US43-0327474
    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
    by Request
    Blend (final) Blend
    $3.96M
    Owner & transaction history
    Clean View Properties 9 LLC · 2 yrs held
    Clean View Properties 9 LLC
    since 2023
    Last sale
    $4.0M
    3 recorded transactions
    2024
    2024
    2023
    $1.8M
    Zoning & alternative use
    CG · Lenox, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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