Listing Agency: Colliers - Grand Rapids, Michigan

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

Source: Crexi

Added: Aug 26, 2022 Changed: Oct 10 Last Checked: Oct 23 at 5:04AM

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Investment Insights

Based on property information with market context.

This 5.53-acre retail development site includes a 1,948 square foot building. The property offers frontage on Grand River Avenue in Okemos, Michigan. It presents a potential development opportunity for a retail destination, a free-standing building, or a mixed-use project.

Key Highlights

• 5.53‑acre retail development site.
• Excellent frontage on Grand River Ave.
• Potential for retail destination development.

Property Analytics

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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

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Frequently Asked Questions

What type of property is this?

Commercial land - 5.53 acre retail development site with existing building.

Where is this commercial land located?

The property is located at 1492 Grand River Ave Okemos, MI.

What is the asking price?

The asking price for this property is $1,625,000.

What are key features of this property?

This property features: 5.53‑acre retail development site.; Excellent frontage on Grand River Ave.; Potential for retail destination development.