SEC 21 Mile Rd & Card Rd

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SEC 21 Mile Rd & Card Rd

macomb, MI 48044
Asking Rate
Contact for rate
Asset Type
Land
Class
Class B

What's Special

Located at the southeast corner of 21 Mile Road and Card Road, this parcel occupies a developing corridor in Macomb Township. The site is situated within a growing residential and commercial pocket, characterized by a mix of established subdivisions and proximity to the Hall Road (M-59) retail spine. Essential amenities, including grocery stores, medical offices, and dining options, are located within a three-mile radius. The property offers efficient logistical access to local traffic arteries and is positioned approximately five miles from the M-59 interchange, providing connectivity to the broader metropolitan Detroit area. The land's high-visibility corner positioning and flexible zoning make it suitable for a variety of commercial developments. Ideal use cases include a neighborhood retail center, a professional office complex, or a community-focused medical facility. Given the surrounding residential density, the prime tenant profile would likely consist of service-oriented providers, such as regional financial institutions, urgent care clinics, or high-traffic convenience retailers. The site’s flat topography and significant street frontage provide a functional layout for developers seeking to capture local demand in one of the region's steadily expanding residential markets.

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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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