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    4992 Griswold Rd Smiths Creek, MI 48074

    Sponsored
    For Sale
    $180,000

    1.17-Acre Commercial Land, $180,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.17-acre commercial lot, located at 4992 Griswold Rd in Smiths Creek, Michigan, presents a unique investment opportunity. Zoned for commercial use, this property offers significant potential for a variety of retail ventures. The expansive lot size provides ample space for development, allowing for flexibility in design and building plans. Situated in St. Clair County, with a zip code of 48074, the property benefits from convenient access to local amenities and transportation routes. The asking price is $180,000, making it an attractive proposition for investors seeking a foothold in the thriving Smiths Creek market. While the existing square footage is listed as zero, the substantial lot size allows for the construction of a new building tailored to specific business needs. This presents a blank canvas for entrepreneurs to create a thriving retail establishment. The property's location in Smiths Creek, Michigan offers a strong foundation for success, with the potential to attract a significant customer base. The commercial zoning ensures a straightforward development process, minimizing potential regulatory hurdles. This is a rare opportunity to acquire a sizeable, commercially zoned lot in a desirable location at a competitive price. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 4992 Griswold Rd

    General Information

    Property type
    Retail properties
    Lot Size
    50,965 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply HVAC Service Pet Store Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Smiths Creek
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.522567
    Latitude
    42.965257

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    FAQs

    What type of property is this?
    Retail property - 1.17-Acre Commercial Land, $180,000
    Where is this retail property located?
    The property is located at 4992 Griswold Rd Smiths Creek, MI.
    What is the asking price?
    The asking price for this property is $180,000.
    Request Owner's contact information
    4992 Griswold Rd Smiths Creek, MI 48074
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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
    4992 Griswold Rd Smiths Creek, MI 48074
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