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Property profile & analytics
OFF-MARKET
Commercial real estate

Gratiot Blvd Marysville, MI 48040

0.65 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional 0.65-acre commercial lot presents a remarkable opportunity for development in the thriving city of Marysville, Michigan. Strategically located near the intersection of Gratiot and I-94, this property boasts unparalleled visibility and accessibility, ensuring high traffic volume and exposure for any business. The lot is situated directly adjacent to a Meijer gas station, further enhancing its prime location and potential for synergy. The property is zoned C-2, offering a wide range of permitted uses, providing flexibility for various commercial ventures. A significant advantage is the already-granted city variance for 20-foot setbacks from Gratiot, streamlining the development process and minimizing potential delays. This variance significantly reduces the required land buffer, maximizing usable space and potentially lowering development costs. The property's proximity to I-94 provides easy access to major transportation routes, connecting businesses to a wider regional market. This vacant land is ready for immediate development, presenting a unique opportunity for investors and entrepreneurs seeking a high-impact commercial location with exceptional visibility and convenient access. The asking price of $179,900 reflects the significant value and potential of this prime commercial real estate. Don't miss this chance to secure a highly desirable location in a growing market.

Property profile
Verified
Property type Commercial real estate
Year built 1900
Lot 0.65 ac (28,314 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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