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    OFF-MARKET
    Commercial real estate

    8400 27 Mile Rd, Washington, MI 48094

    7,800 SF 3.28 ac lot Built 2024
    Property ID
    US43-1070671
    Property summary
    AI-generated overview

    Exceptional mixed-use investment opportunity in Washington, Michigan, encompassing 3.28 acres zoned R1-C. This property, located at 8400 27 Mile Road, features a total of 7,800 square feet across 13 units within a Class A building constructed in 2024. Currently vacant, this versatile property offers significant potential for various development scenarios. The site is subdivided into five parcels. Parcel 1, a one-acre lot, includes an existing house and garage, presenting immediate income potential or redevelopment options. Parcels 2 through 5 each comprise half an acre, providing flexibility for future construction or expansion. The property's strategic location in Macomb County, Michigan, offers easy access to major transportation routes and amenities. This is an ideal opportunity for investors seeking a multi-faceted development project with both short-term and long-term growth potential. The property's existing infrastructure and zoning regulations provide a solid foundation for a variety of uses, including executive offices, traditional office spaces, and residential development. Detailed parcel information and pricing are available upon request. The property's APN is 24-04-34-101-009. This is a rare opportunity to acquire a substantial mixed-use property in a thriving Michigan community.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2024
    Total area 7,800 SF
    Lot 3.28 ac (142,877 SF)
    APN 24-04-34-101-009
    UPID US43-1070671
    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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