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    12502 W Corunna Rd Lennon, MI 48449

    For Sale
    $34,900

    Commercial land with high traffic, suitable for various businesses.

    Lot size:
    0.75 Acres

    Property Features for 12502 W Corunna Rd

    General Information

    Lot size
    0.75 Acres

    Source: RE/MAX Platinum - Grand Blanc Agent Scott Myers

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

    Overview

    Commercial Land for Quick Sale

    This commercial land is available for sale and offers easy land contract terms, including a $10,000 down payment, 10% interest, and $250 monthly payments with a 24-month balloon. The property benefits from a high traffic count and strong surrounding demographics. It is considered ideal for various uses, including office, retail, flex space, service businesses, and vet clinics. Buyers are advised to confirm all proposed uses with the local municipality.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Hair Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm Kitchen & Bath Bar & Pub HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lennon
    County
    Genesee
    State
    Michigan
    Longitude
    -83.9269412
    Latitude
    42.9994283

    Nearby Similar for Sale

    • $260,000
      2,166 SF

      Established Bar and Restaurant Opportunity

      Well-established bar and restaurant with real estate in Lennon, Michigan.
      11935 E Lennon Rd, Lennon, MI 48449
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land with high traffic, suitable for various businesses.
    Where is this land located?
    The property is located at 12502 W Corunna Rd Lennon, MI.
    What is the asking price?
    The asking price for this property is $34,900.
    What are key features of this property?
    This property features: - Reduced price for quick sale.; - Easy land contract terms available.; - High traffic count.
    (810) 344-3363
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    12502 W Corunna Rd Lennon, MI 48449
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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
    12502 W Corunna Rd Lennon, MI 48449
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