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    Land Grand Riv & Clessie Ct New Hudson, MI 48165

    Sponsored
    For Sale
    Contact for pricing

    Two I-1 Light Industrial Parcels

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents two vacant, developable parcels ideally situated in Lyon Township, Oakland County, Michigan. The property boasts a highly desirable I-1 Light Industrial zoning, offering significant potential for various commercial and industrial uses. One parcel encompasses approximately 4 acres with desirable Grand River frontage, while the second parcel spans approximately 5.92 acres, benefiting from high visibility along I-96. Both parcels are strategically located within one of Michigan's fastest-growing communities, ensuring strong future growth prospects. The combined acreage provides ample space for development, catering to a wide range of industrial and commercial projects. The property's location offers excellent access to major transportation arteries, enhancing its appeal to businesses seeking convenient logistics and accessibility. The land is identified by APN: A part of 21-02-376-021, and is priced at $250,000 per acre. This presents a rare chance to acquire prime real estate in a thriving market, poised for significant returns on investment. The property's size, zoning, and location combine to create an unparalleled opportunity for developers and investors seeking a high-value asset in a dynamic area.

    Property Features for Land Grand Riv & Clessie Ct

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • I‑1 Light Industrial zoning.
    • Two vacant, developable parcels with I‑96 and Grand River frontage.
    • Located in a high‑growth Michigan community.
    • 4‑acre parcel with Grand River frontage.
    • 5.92‑acre parcel with I‑96 frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Hudson
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6181469
    Latitude
    42.5121139

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    FAQs

    What type of property is this?
    Land - Two I-1 Light Industrial Parcels
    Where is this land located?
    The property is located at Land Grand Riv & Clessie Ct New Hudson, MI.
    What are key features of this property?
    This property features: I-1 Light Industrial zoning.; Two vacant, developable parcels with I-96 and Grand River frontage.; Located in a high-growth Michigan community.
    Request Owner's contact information
    Land Grand Riv & Clessie Ct New Hudson, 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
    Land Grand Riv & Clessie Ct New Hudson, MI 48165
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