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    OFF-MARKET
    Industrial land

    61910 Van Dyke Rd, Washington, MI 48094-1618

    4.29 ac lot
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US43-1174808
    Property summary
    AI-generated overview

    This exceptional 4.3-acre industrial land parcel presents a prime opportunity for development in Washington, Michigan. Located at 61910 Van Dyke Avenue, this property boasts an ideal location in Macomb County, conveniently situated near M-53, offering excellent access to major transportation routes. The land is zoned for industrial use, providing flexibility for a variety of potential projects. The parcel's size, combined with its strategic location, makes it an attractive investment for businesses seeking to establish or expand their operations. The property's APN is 24-04-22-400-046. The asking price for this significant land holding is $549,000. Note that an adjacent 3.6-acre parcel is also available for purchase, presenting the possibility of acquiring a combined 7.9 acres. This presents a unique opportunity to secure a substantial land holding in a desirable industrial area. Detailed information regarding zoning regulations and potential development options is readily available. This property is offered as-is.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 4.29 ac (186,872 SF)
    Zoning code IND
    APN 24-04-22-400-046
    UPID US43-1174808
    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
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Midway Real Estate LLC · 6 yrs held
    Midway Real Estate LLC
    since 2020
    Last sale
    $280,000
    2 recorded transactions
    2020
    2020
    $280,000
    Zoning & alternative use
    IND · Washington, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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