26775 32 Mile Rd Richmond, MI 48062
This exceptional 80-acre commercial property presents a unique investment opportunity in Richmond, Michigan. Located on 32 Mile Road, the land boasts significant potential for various commercial ventures. The property includes an existing house, a barn, and a riding arena, offering versatile options for development or immediate use. The expansive acreage provides ample space for expansion, construction, or continued use of the existing structures. Situated in Macomb County, the location offers convenient access to major transportation routes, enhancing its commercial viability. The asking price is $1,600,000. Detailed site surveys and environmental reports are available upon request. This property is zoned for commercial use (verification required by buyer). The existing structures are in need of some repairs and updates, presenting an opportunity for value-add improvements. The property's size and existing infrastructure make it ideal for a variety of commercial uses, including but not limited to agricultural businesses, equestrian centers, or light industrial development. The zip code is 48062. The property's coordinates are latitude 42.811279 and longitude -82.8471749. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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