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    Of Grand Riv South Lyon, MI 48165

    Sponsored
    For Sale
    $165,000

    2.34 Acres, I-1 Zoning, $165,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.34-acre parcel of land presents a prime opportunity for industrial development. Located in Lyon Charter Township, Oakland County, Michigan, with a convenient address on Haas Road, south of Grand River Avenue (zip code 48165), this property boasts an I-1 Light Industrial zoning designation. The asking price is $165,000, translating to approximately $70,512.82 per acre. The property's APN is 21-11-276-012. Its strategic location offers excellent accessibility and visibility, situated directly behind 53435 Grand River. This vacant land is ideal for businesses seeking a readily-developable site in a thriving industrial area. The property's size and zoning make it suitable for a variety of light industrial uses, providing significant potential for future growth and return on investment. Serious inquiries are encouraged to explore this compelling opportunity to acquire a well-positioned industrial land parcel in a desirable Michigan location. The property is conveniently located near major transportation routes, offering easy access to regional markets and distribution networks. This makes it an attractive option for businesses seeking efficient logistics and convenient access to their workforce.

    Property Features for 0 Of Grand Riv

    General Information

    Property type
    Land
    Lot Size
    101,930 SF

    HighLights

    • 2.34‑acre I‑1 Light Industrial zoned lot in Lyon Charter Township, Oakland County, MI.
    • Haas Road frontage, south of Grand River Avenue (48165).
    • $165,000 asking price; approximately $70,513 per acre.
    • APN: 21‑11‑276‑012.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    South Lyon
    County
    Oakland
    State
    Michigan
    Longitude
    -83.5797597
    Latitude
    42.5034178

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    FAQs

    What type of property is this?
    Land - 2.34 Acres, I-1 Zoning, $165,000
    Where is this land located?
    The property is located at Of Grand Riv South Lyon, MI.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: 2.34-acre I-1 Light Industrial zoned lot in Lyon Charter Township, Oakland County, MI.; Haas Road frontage, south of Grand River Avenue (48165).; $165,000 asking price; approximately $70,513 per acre.
    Request Owner's contact information
    Of Grand Riv South Lyon, MI 48165
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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
    Of Grand Riv South Lyon, MI 48165
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