Property summary
This exceptional 5,112 square foot commercial land parcel presents a unique opportunity for retail development in the thriving New Baltimore, Michigan market. Located at 27322 23 Mile Rd, this single-tenant site offers significant potential for a variety of retail uses. The property is situated in Macomb County, within easy access to major roadways and a densely populated residential area, ensuring high visibility and convenient access for customers. The expansive lot size provides ample space for building construction and potential future expansion. This is a blank canvas for a new retail establishment, allowing for complete design and build-out to meet specific business needs. The property is designated for commercial use, specifically retail development, making it ideal for entrepreneurs looking to establish a new business or for existing businesses seeking to expand their footprint. The address is 27322 23 Mile Rd, New Baltimore, MI 48051. This property is available for lease and presents a compelling investment opportunity in a dynamic and growing community. The site's location in Macomb County offers access to a strong consumer base and a robust local economy. This is a rare chance to secure a prime retail location in a desirable area. The property's size and zoning make it suitable for a wide range of retail concepts. Serious inquiries are encouraged to explore this exceptional opportunity further.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Alternative Medicine Practice
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Dental Office
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Dental Office
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Law Firm
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
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C3 GEN · Chesterfield, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
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- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning