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    56601 Grand Riv Ave South Lyon, MI

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    For Sale
    $375,000

    Prime commercial land in fast-growing downtown New Hudson.

    Lot size:
    3.00 Acres

    Property Features for 56601 Grand Riv Ave

    General Information

    Lot size
    3.00 Acres
    Source: Moodyscre

    Listing Agent: Chris D'Angelo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Pad in New Hudson

    This commercial land is a prime retail pad located in the fast-growing downtown area of New Hudson. The property is situated near Lyon Crossings and Lyon Town Center, in proximity to retailers such as Wal-Mart, Lowe's, and Liberty Chevrolet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Lyon
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6516063
    Latitude
    42.46059

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land in fast-growing downtown New Hudson.
    Where is this commercial land located?
    The property is located at 56601 Grand Riv Ave South Lyon, MI.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime retail pad location.; - Located in fast-growing downtown New Hudson.; - Near Lyon Crossings and Lyon Town Center.
    (248) 948-0109
    Request Owner's contact information
    56601 Grand Riv Ave South Lyon, MI
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    South Lyon, MI
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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
    56601 Grand Riv Ave South Lyon, MI
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