LAND FOR SALE

8001-8301 Chicago Rd Warren, MI 48093

8001-8301 Chicago Rd, Warren, MI, 48093
8001-8301 Chicago Rd, Warren, MI, 48093 8001-8301 Chicago Rd, Warren, MI, 48093
FOR SALE
Property Type:
Other Land
Amount:
$575,000
Last Verified:
Oct 30, 2023

Highlights

  • PRIME DEVELOPMENT OPPORTUNITY
  • 2.84 ACRES OF C-2 & R1C ZONED RAW LAND
  • 3 PARCELS
  • CHICAGO ROAD & VAN DYKE AVENUE INTERSECTION
  • 55,220 VEHICLES PER DAY
  • STELLAR DEMOGRAPHICS: 306,658 POPULATION & $81k+ AVERAGE HOUSEHOLD INCOME IN 5-MILE RADIUS
  • COMMERCIALLY DEVELOPED AREA
  • 10,158 BUSINESSES OPERATING IN 5-MILE RADIUS
  • SEVERAL NATIONAL RETAILERS IN THE AREA
  • ACROSS THE STREET FROM LOWE’S HOME IMPROVEMENT CENTER
  • SURROUNDED BY RESIDENTIAL PARCELS & DEVELOPED NEIGHBORHOODS

Description

This prime land listing offers a strategically located parcel of land with immense potential for various development projects, making it an ideal choice for savvy investors seeking long-term growth and profitability.

Warren | Michigan

Building Size: 0sq ft
Lot Size: 2.84 acres

Map of 8001-8301 Chicago Rd, Warren, MI, 48093

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.