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Commercial Land with Road Utilities
For Sale
$400,000

62800 Gratiot Ave, Lenox, MI 48048

AG-zoned land with water, sewer, and gas available at the road, plus a culvert for site entry.

Property SizeContact for details
Days on Market1385

Property Features for 62800 Gratiot Ave

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,374
Listing Agency: Berkshire Hathaway HomeServices Kee Realty
Listed By: Bill Minor · License #MISPE-6501243324
Source: Exprealty
Added: Jan 4, 2023 Changed: Oct 10 Last Checked: Oct 19 at 11:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Kee Realty

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Investment Insights

Based on property information with market context.

This 10-acre commercial land tract is zoned AG and offers 300 feet of frontage along Gratiot. Water, sewer, and gas are available at the road, while an existing culvert provides an established point of entry to the property.

The parcel is located in Lenox Township, Michigan. The source information identifies the township as cannabis-friendly for growing and processing, subject to applicable approvals and requirements. An income-producing sign is positioned on the south end of the property.

Key Highlights

  • 10 acres of commercial land in Lenox Township, MI
  • 300 feet of frontage on Gratiot
  • AG zoning

Property Analytics

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Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 48048, MI

10,561
Population
3,518
Households
3
Avg Household Size
36
Median Age
16%
College-Educated
89%
High-School Grad
20.1 sq mi
ZIP Area
525
Density / Sq Mi
$68,990
Median Household Income
$35,221
Median Earnings
$1,365
Median Rent
$194,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - AG-zoned land with water, sewer, and gas available at the road, plus a culvert for site entry.
Where is this commercial land located?
The property is located at 62800 Gratiot Ave Lenox, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 10 acres of commercial land in Lenox Township, MI; 300 feet of frontage on Gratiot; AG zoning
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