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    OFF-MARKET
    Manufacturing properties

    7525 22 Mile Rd, Shelby Township, MI 48317

    2,552 SF 1.76 ac lot Built 1970
    Property ID
    US43-1228119
    Property summary
    AI-generated overview

    This 1.76-acre Shelby Township property offers a unique investment opportunity. The site features a vacant, two-story, 2,552 square foot manufacturing building constructed in 1970, zoned for light manufacturing. The asking price is $1,000,000, translating to $391.85 per square foot. The property also includes a separate 1,200 square foot pole barn. With 212 feet of road frontage on 22 Mile Road, the site presents significant potential for redevelopment or repurposing. Its location in Macomb County, Michigan, offers convenient access to major transportation routes. The existing structures could suit various businesses, including those in landscaping, irrigation, or construction. Alternatively, the expansive lot allows for the development of self-storage units, industrial buildings, car washes, or even residential projects such as apartments or townhouses. This versatile property is ready for its next chapter, offering a blend of existing infrastructure and significant development potential. The property's address is 7525 22 Mile Road, Shelby Township, MI 48317.

    Property profile
    Verified
    Property type Manufacturing properties
    Year built 1970
    Total area 2,552 SF
    Lot 1.76 ac (76,666 SF)
    UPID US43-1228119
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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