Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Groesbeck Hwy Clinton Township, MI 48036

    Sponsored
    For Sale
    $3,749,000

    10 Acres, Shovel-Ready Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 10.04-acre commercial land parcel, located on S. Groesbeck Hwy in Clinton Township, Michigan (zip code 48036), presents a unique investment opportunity. The property is fully site plan approved and shovel-ready, boasting a comprehensive plan for a senior living community. The approved development includes 160 units, encompassing 91 independent living rooms, 44 assisted living rooms, 20 memory care rooms, and 24 villa units. The project features four and three-story buildings, with all necessary variances for parking and building heights already secured. The zoning is SP, specifically approved for assisted living facilities. A finalized geo-technical engineering report, completed June 30, 2022, is available. Detailed site plans and elevations accompany this listing. This is a turnkey opportunity to develop a highly sought-after senior living community in a prime Macomb County location. The asking price is $3,749,000. Don't miss this chance to capitalize on this fully permitted and ready-to-build project.

    Property Features for 0 Groesbeck Hwy

    General Information

    Property type
    Land
    Lot Size
    437,342 SF

    HighLights

    • Fully Approved Site Plan, Shovel‑Ready.
    • 91 Independent Living Units.
    • 44 Assisted Living Units.
    • 20 Memory Care Units.
    • 24 Villa Units.
    • 160 Total Units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.902876
    Latitude
    42.585108

    Nearby Similar for Sale

    • $1,550,000
      6,655 SF

      Medical/General Office Building For Sale

      Stand-alone office building near hospitals with expansion potential.
      37244 S Groesbeck Ct, Clinton Township, MI 48036
      View Details
    • $1,400,000
      9,755 SF

      Commercial/Industrial Building in Clinton Township

      Multi-use commercial building with high traffic and ample parking.
      35850 Utica Rd, Clinton Township, MI 48035
      View Details
    • $1,499,994
      12,088 SF

      Corner Commercial Building on Groesbeck

      High-visibility commercial building suitable for owner-occupants, investors, or redevelopment.
      34001 Groesbeck Ct, Clinton Township, MI 48035
      View Details
    • New
      $398,769
      7,000 SF

      Clinton Township Redevelopment Opportunity

      7,000 sq ft building on 2.9 acres.
      22515 Laurel St, Clinton Township, MI 48035
      View Details
    • $100,000
      1,200 SF

      Established Pizzeria and Deli Business

      Well-established pizzeria and deli business opportunity in Clinton Township, MI.
      36450 Moravian Dr, Clinton Township, MI 48035
      View Details
    • $1,500,000
      17,500 SF

      Commercial/Industrial Property on Gratiot Avenue

      Commercial/Industrial property with frontage on Gratiot Avenue in Clinton Township.
      34381 S Gratiot Ave, Clinton Township, MI 48035
      View Details
    • New
      $419,900
      2,292 SF

      Clinton Township Duplex Investment

      Duplex in Clinton Township with two units and private yards.
      38615 Meadowdale St, Clinton Township, MI 48036
      View Details
    • $55,000
      3,200 SF

      Established Restaurant Business Opportunity

      Turnkey restaurant for sale in high-traffic Clinton Township area.
      34380 Harper Ave, Clinton Township, MI 48035
      View Details
    • $50,000
      60,000 SF

      Detroit-Themed Business Opportunity

      Business opportunity with Detroit theme in Clinton Township, Michigan.
      37051 Gratiot Ave, Clinton Township, MI 48036
      View Details
    • $2,145,000
      33,000 SF

      Two-Story Commercial/Industrial Building

      Two-story commercial/industrial building with kitchen, generator, and ample parking.
      34375 S Gratiot Ave, Clinton Township, MI 48035
      View Details
    • $1,250,000
      3,200 SF

      Commercial Property in Clinton Township

      Commercial/Industrial property with high visibility and two-bay detail shop.
      34470 S Gratiot Ave, Clinton Township, MI 48035
      View Details
    • $234,999
      1,506 SF

      Turnkey Duplex on Double Lot

      Two-unit multifamily property with rental certificates in place.
      23510 Buckingham St, Clinton Township, MI 48036
      View Details

    FAQs

    What type of property is this?
    Land - 10 Acres, Shovel-Ready Development
    Where is this land located?
    The property is located at Groesbeck Hwy Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $3,749,000.
    What are key features of this property?
    This property features: Fully Approved Site Plan, Shovel-Ready.; 91 Independent Living Units.; 44 Assisted Living Units.
    Request Owner's contact information
    Groesbeck Hwy Clinton Township, MI 48036
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Groesbeck Hwy
    Clinton Township, MI 48036
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Groesbeck Hwy Clinton Township, MI 48036
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.