29270 26 MILE RD $4,950,000

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    29270 26 MILE RD Chesterfield, MI 48051

    • 432,681 sq. ft.
    • 99.33 Acres
    • Commercial
    • MLS# 40061984
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    Views: 291 Days On Site: 425

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    Property Details

    Description Tours

    EXCELLENT development opportunity 99.33 acres Zoned M-1 light industrial development, has 1297' of frontage on 26 Mile Road, which is proposed for a major expansion, and 1673' of frontage on the CN railway giving this property maximum potential. Industrial and residential development properties in this area are pricing from $80,000 to as high as $140,000 an acre! This opportunity is priced at under $50,000 per acre! Purchase and conduct a Land Analysis could be an extremely profitable opportunity with minimal cost. This is a two parcel sale complete with separate parcel IDs.

    • General Features
      • Acreage 99.33
      • Area Municipality Chesterfield Twp (50009)
      • County Macomb
      • Originating MLS RealComp
      • Ownership Private
      • Waterfront Y/N No
      • ZONING Industrial
    • Property Features
      • Water Public Water
      • Lot Size 1297x2826x1420x2680
      • Roads Class A
      • Sewer Septic Public At Street, Public Sanitary

    Contact

    Koshy George

    Koshy George

    REALTOR, MCNE

    RE/MAX Classic

    Mobile Phone: 586-524-8021

    Neighborhood

    48051 (Chesterfield) Demographics

    35 Median Age
    1,181 Population Density (per sq. mile)
    32% College Educated
    $67,921 Estimated Median Income
    5,035 Estimated Total Home Owners
    957 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    17,741 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $300,000 Median Sales Price
    27 Homes Sold
    36 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,950,000
        6/3/2020 10:39:00 PM New in Database Source: Multiple Listing Service New Value: $4,950,000

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        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.