Listing Agency: Colliers - Grand Rapids, Michigan

Listed By: Shawn O'Brien · License #MI 6502358107 Show Phone

Source: Crexi

Added: Dec 11, 2020 Changed: Sep 7 Last Checked: Sep 19 at 8:31AM

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Investment Insights

Based on property information with market context.

This development site comprises two parcels totaling 9.05 acres. The property benefits from frontage on Grand River Avenue in Okemos, MI, with a traffic count of 15,400 cars per day. Potential development opportunities include restaurants, strip centers, and multifamily housing.

Key Highlights

• 9.05 acre development site.
• High traffic count: 15,400 cars/day on Grand River Ave.
• Excellent frontage on Grand River Ave.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Dental Office Storage Facility

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

420

Businesses Nearby

Explore this area Business Placement

Demographics for 48864, MI

22,804

Population

9,903

Households

2.3

Avg Household Size

38

Median Age

76%

College-Educated

98%

High-School Grad

20.1 sq mi

ZIP Area

1,135

Density / Sq Mi

$113,145

Median Household Income

$64,120

Median Earnings

$1,281

Median Rent

$358,100

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - 9.05 acre development site with frontage on Grand River.

Where is this commercial land located?

The property is located at 1510 Grand River Ave Okemos, MI.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: 9.05 acre development site.; High traffic count: 15,400 cars/day on Grand River Ave.; Excellent frontage on Grand River Ave.