26 Mile and North Ave

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26 Mile and North Ave

Macomb, MI 48042
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

Located at the intersection of 26 Mile Road and North Avenue in Macomb, Michigan, this land parcel occupies a high-visibility corner in a rapidly developing corridor. The surrounding area is characterized by a blend of established residential subdivisions and new commercial developments. It offers proximity to essential amenities including grocery retailers, pharmacies, and service stations. The site is situated near M-53 and M-59, providing efficient regional transportation access for commuters and logistical operations across Macomb County. The property is suited for versatile commercial applications, including retail centers, professional medical offices, or multi-family residential projects, subject to local zoning approval. The strategic location aligns with the needs of national retailers, financial institutions, or healthcare providers seeking to capture demand from the growing local population. The site’s expansive frontage and high traffic counts make it an ideal choice for developers focused on high-exposure service or professional assets.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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