For Sale1 / 5LandClinton Twp, MICode AMC-5156
Vacant Lot 19 and Hayes – Clinton Twp, MI
15341 19 Mile Rd, Clinton Twp, MI 48038
Asking price
Property details
- Tenant
- Vacant Lot 19 and Hayes
- Property type
- Land
- Lease type
- N/A
- Lease guarantee
- N/A
- Building size
- 18,000 SF
- Price per SF
- $11/SF
- Listing code
- AMC-5156
Investment highlights
- Utilities on site, Zoned B-3, Site has access to 50,000+ Vehicles Per Day
- Adjacent to Burger King, Popeyes, Citizens Bank, McDonalds, Autozone, Jimmy Johns, Tim Hortons
- Ideal location for a Credit Union, Bank, Medical Office Building, Quick Lube, Quick Service Restaurant, Veterinarian, Dental Office
- There is over 2,500 Multi-Family units within a ½ Mile Radius of the property
- Rapid growth and development in this corridor
- New $265m expansion to the Henry Ford Macomb Hospital Nearby
- New Construction Assisted Living Facility (177 Units)
- New Construction Retail Center 18,000 SF
Sale description
Published Jul 17, 2025. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.
Location
15341 19 Mile Rd, Clinton Twp, MI 48038
Pin placed from the listed street address. Site boundaries and conditions are described in the offering memorandum.
Open in Google MapsDemographics
Population and average household income by radius from the site, as marketed.
| Radius from site | Population | Average income |
|---|---|---|
| 3 Mile | 56,049 | $85,571 |
| 5 Mile | 265,154 | $94,299 |
| 10 Mile | 817,764 | $93,941 |
Listing brokers
- BB
Investment calculator
Model the deal with your own down payment, rate and amortization. NOI, debt service, cash-on-cash return and DSCR update instantly.
Your scenario
Pre-filled from the asking price; adjust to model an offer.
NOI = price × cap rate
All-cash at 100%Loan $130,000 · LTV 65%
Estimated returns
- Equity
- $70,000
- Loan
- $130,000
- Net operating income (annual)
- $0
- Monthly debt payment
- $898
- Annual debt service
- $10,778
- Cash flow after debt service
- -$10,778
- Cash-on-cash return
- -15.4%
- Debt service coverage (DSCR)
- 0.00×
- Price per SF
- $11/SF
Estimates for Vacant Lot 19 and Hayes – Clinton Twp, MI only; not an offer of financing. Lender terms, closing costs, reserves and taxes vary. NNN leases shift operating expenses to the tenant, so NOI is modelled as price × cap rate.
