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

    Morrissey Rd Grass Lake, MI 49240

    Sponsored
    For Sale
    $390,000

    Prime Industrial Land, I-94 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional offering presents a rare opportunity to acquire a highly desirable light industrial land parcel in Grass Lake, Michigan. Encompassing a total of 3.91 acres, this property is comprised of two contiguous parcels (2.54 acres and 1.37 acres) situated at the corner of Mt. Hope Road and Morrissey Road, offering excellent visibility and convenient access to I-94 Expressway via exit 150. The property is zoned LI (Light Industrial), making it ideal for a variety of contractor or service-based businesses. Key features include 502 feet of road frontage and a depth of 233 feet. Utilities are readily available, with gas and electric services already in place. A well and septic system are also present. The land is easily accessible via a paved road. The asking price for the entire 3.91-acre parcel is $390,000. Individual parcel pricing is also available: 1.37 acres for $175,000 and 2.54 acres for $215,000. Owner financing may be considered for qualified buyers. The APN numbers are 000-10-16-376-002-01 and 000-10-16-376-002-02. This property represents a significant investment opportunity in a rapidly growing area. Don't miss this chance to secure your future in a prime location.

    Property Features for 0 Morrissey Rd

    General Information

    Property type
    Land
    Lot Size
    59,677 SF

    HighLights

    • Two adjacent light industrial parcels totaling 3.91 acres, ready for immediate construction.
    • 502 feet of frontage and 233 feet of depth.
    • Utilities include gas and electric; well and septic system on‑site.
    • Located on a paved road at the corner of Mt. Hope and Morrissey Roads, offering excellent visibility.
    • Convenient access to I‑94 (Exit 150) in Jackson County.
    • Ideal for contractor or service‑based businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grass Lake
    County
    Jackson
    State
    Michigan
    Longitude
    -84.204486491553
    Latitude
    42.295814415125

    Nearby Comparable

    • $125,000

      Industrial Land Near I-94

      Industrial land parcels totaling 3.91 acres, ready for construction.
      Morrissey Rd, Grass Lake, MI 49240
      View Details
    • $750,000
      10.00 Acres

      10 Acres Commercial/Industrial Land

      10 acres of commercial/industrial land along I-94.
      Knight Rd, Grass Lake, MI 49240
      View Details
    • $1,200,000
      30 SF

      Equestrian Facility in Waterloo Area

      30-acre horse show facility with stabling for 182 horses.
      11500 Glenn Rd, Grass Lake, MI 49240
      View Details
    • $750,000

      I-94 Accessible 10-Acre Land

      10 acres of commercial/industrial land along I-94.
      Knight Rd, Grass Lake, MI 49240
      View Details

    Nearby Similar for Sale

    • $1,200,000
      30 SF

      Equestrian Facility in Waterloo Area

      30-acre horse show facility with stabling for 182 horses.
      11500 Glenn Rd, Grass Lake, MI 49240
      View Details

    FAQs

    What type of property is this?
    Land - Prime Industrial Land, I-94 Access
    Where is this land located?
    The property is located at Morrissey Rd Grass Lake, MI.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: Two adjacent light industrial parcels totaling 3.91 acres, ready for immediate construction.; 502 feet of frontage and 233 feet of depth.; Utilities include gas and electric; well and septic system on-site.
    Request Owner's contact information
    Morrissey Rd Grass Lake, MI 49240
    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.
    Morrissey Rd
    Grass Lake, MI 49240
    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
    Morrissey Rd Grass Lake, MI 49240
    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.