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    64990 E Gratiot Lenox, MI 48050

    New
    For Sale
    $8,650,000

    Vacant Land - Lenox, MI

    Lot size:
    149.00 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 64990 E Gratiot

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agricultural
    APN
    19-06-13-102-001
    Lot size
    149.00 Acres

    Building Details

    Architectural style
    Other

    Exclusive Broker Services, LLC (586) 566-5100 [email protected]

    Listing agent Sheila Mazzoline (586) 996-9900 License #6501373935

    Listing date Nov 29, 2025

    MLS# 50195248 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lenox Vacant Land Opportunity

    This property offers a development opportunity with frontage on both Prime Gratiot and 30 Mile Road. The site encompasses over 149 acres and includes a total of 8 parcels. Existing structures include three farmhouses, two of which are approximately 3-bedroom, 1-bath homes with basements, measuring approximately 1200 sq ft and 1600 sq ft respectively. The condition of the third farmhouse suggests it may need to be torn down. Additionally, there is a large barn, approximately 60'x100', equipped with restroom facilities. The property is situated across from the Lenox Township Office and Park. Water, sewer, and gas utilities are accessible on Gratiot. According to the Township Master Plan, the property is located within the planned Future Town Center, designated for mixed-use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Lenox
    County
    Macomb
    State
    Michigan
    Longitude
    -82.803
    Latitude
    42.7851

    Nearby Similar for Sale

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      Storage Facility Expansion Opportunity

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    FAQs

    What type of property is this?
    Land - 149+ acres with frontage on Gratiot and 30 Mile.
    Where is this land located?
    The property is located at 64990 E Gratiot Lenox, MI.
    What is the asking price?
    The asking price for this property is $8,650,000.
    What are key features of this property?
    This property features: - 149+ acre development opportunity with prime frontage on Gratiot and 30 Mile Rd.; - Located within the Master Plan for the Future Town Center, designated for Mixed Use.; - Water, sewer, and gas are accessible on Gratiot.
    (586) 996-9900
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    64990 E Gratiot Lenox, MI 48050
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    Lenox, MI 48050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    64990 E Gratiot Lenox, MI 48050
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