21799 23 Mile RdMacomb, MI 48044

  • Land
  • 1.01 AC
For Lease

Property Details for 21799 23 Mile Rd

Lot size
1.01 AC
Zone code
C1
Property type
Land
Property subtype
Commercial land
APN
20-08-15-476-016
APU
200815476016

Description

This exceptional commercial property, located at 21799 23 Mile Rd in Macomb, Michigan, presents a unique investment opportunity. The property encompasses a total of 4,911 square feet of retail and restaurant space situated on a generous 1.67-acre lot. The building offers multiple tenancy options, with a minimum divisible space of 2,038 square feet and a maximum contiguous space of 2,873 square feet. Currently, a significant portion of the building, totaling 4,120 square feet, is available for lease. The property boasts ample parking with 45 spaces, ensuring convenient access for customers and employees. Its prime location in Macomb County, Michigan, within the 48044 zip code, offers excellent visibility and accessibility. The property's versatile nature makes it suitable for a variety of commercial uses, including retail establishments and restaurants. This is an ideal opportunity for businesses seeking a well-located, spacious property with significant parking in a thriving commercial area. The property is zoned for commercial use and is ready for immediate occupancy. Interested parties are encouraged to inquire for further details and leasing information.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,494,544
    Hospitality
    $9,612,946
    Educational
    $7,997,858
    Medical
    $8,272,916
    Retail
    $12,441,113
21799 23 Mile Rd, Macomb, Michigan

Location Insight

City
Macomb
County
Macomb
State
Michigan
Latitude
42.6735
Longitude
-82.8987
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,846
-
-
$76,000
-
-
-
$152,000

FAQs

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