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    FOR SALE
    Assisted living facilities

    45400 Romeo Plank Rd, Macomb, MI 48044

    6,656 SF 16.38 ac lot Built 2016
    Individually Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US43-3929665
    Property summary
    AI-generated overview

    This exceptional 13.99-acre commercial land parcel presents a unique investment opportunity in Macomb Township, Michigan. Located at 45400 Romeo Plank Road, the property boasts a highly desirable Community Facilities zoning designation, opening doors to a variety of development possibilities. Its strategic location within the vibrant Hall Road Corridor provides unparalleled access to a wealth of retail and dining establishments, ensuring high visibility and convenient access for potential tenants and customers. The property's significant acreage offers ample space for large-scale projects, while its natural beauty, including scenic wetlands, rivers, and ponds, creates a tranquil and attractive setting. The asking price for this remarkable property is $4,000,000. The parcel's APN is 08-33-376-019. This location offers a compelling blend of natural beauty and prime commercial accessibility, making it an ideal site for a variety of uses, including, but not limited to, hospitals, senior living facilities, or medical groups seeking to establish a prominent presence in a thriving community. The property's size and zoning make it suitable for a campus-style development, allowing for the seamless integration of buildings and landscaping. This is a rare opportunity to acquire a substantial land parcel in a high-demand area with significant development potential. The property is situated in Macomb County, Michigan, with a zip code of 48044.

    Property profile
    Verified
    Property type Assisted living facilities
    Use group HOMES (RETIRED, NURSING)
    Year built 2016
    Total area 6,656 SF
    Lot 16.38 ac (713,513 SF)
    Zoning code CF
    APN 20-08-33-376-019
    UPID US43-3929665
    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
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Special Tree Macomb Center Ltd · 10 yrs held
    Special Tree Macomb Center Ltd
    since 2015
    1 recorded transaction
    2015
    Zoning & alternative use
    CF · Macomb, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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