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Property profile & analytics
OFF-MARKET
Industrial properties

821 Mill St Clio, MI 48420

766 SF 1.29 ac lot Built 1919
Property ID
US43-0516685
Property summary
AI-generated overview

This exceptional 1.29-acre property in Clio, MI, presents a unique investment opportunity for builders and developers. The site boasts a prime location on Clio/Mill Rd, offering 134 feet of road frontage. Included are three parcels totaling nearly 14 buildable acres, providing ample space for a variety of projects. Currently, a small home sits on one parcel (Parcel #5123100001), offering potential for renovation or demolition to make way for new construction. The other two parcels (Parcel # 5123300034 and # 182330033) are also included in this sale. The property's 766 square feet of existing building space could be repurposed or removed to accommodate larger-scale development. Given the current housing shortage, this location offers significant potential for the construction of multi-family units, such as condos, tiny homes, or apartments. This is an ideal opportunity to capitalize on the high demand for housing in a desirable area. The property is being sold as-is. Prospective buyers are responsible for verifying all information independently.

Property profile
Verified
Property type Industrial properties
Year built 1919
Total area 766 SF
Lot 1.29 ac (56,192 SF)
UPID US43-0516685
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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