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    15501 Metro Pkwy Clinton Township, MI 48036

    Sponsored
    For Sale
    $400,000

    300-1180 acres, $400,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional commercial land parcel, located at 62800 Gratiot in Clinton Township, Michigan, presents a unique investment opportunity. Spanning a substantial 300 to 1180 acres, this property boasts significant frontage on Gratiot, offering high visibility and accessibility. The land is zoned for agricultural use, providing flexibility for various development projects. Conveniently situated on a paved road, the property benefits from readily available city water, sewer, and gas utilities, simplifying infrastructure needs. The high-traffic location ensures excellent exposure for any future development. A key advantage is its location in Lenox Township, an area known for its cannabis-friendly regulations, making it suitable for cultivation and processing facilities. The property is ready for immediate development, presenting a compelling opportunity for investors seeking a large-scale project in a strategic location. The asking price is $400,000, with a land value of $40,000 per acre. The property is privately owned. This is an exceptional opportunity to acquire a substantial land parcel with significant potential in a rapidly developing area. The address is 15501 Metro Parkway, Clinton Township, MI 48036.

    Property Features for 15501 Metro Pkwy

    General Information

    Property type
    Land
    Lot Size
    13,068,000 SF

    HighLights

    • Excellent location for cannabis cultivation and processing businesses.
    • High‑traffic area with strong local demand.
    • Zoned for industrial use, suitable for large‑scale operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9662183
    Latitude
    42.5672413

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    FAQs

    What type of property is this?
    Land - 300-1180 acres, $400,000
    Where is this land located?
    The property is located at 15501 Metro Pkwy Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Excellent location for cannabis cultivation and processing businesses.; High-traffic area with strong local demand.; Zoned for industrial use, suitable for large-scale operations.
    (586) 840-0440
    Request Owner's contact information
    15501 Metro Pkwy Clinton Township, MI 48036
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    Clinton Township, MI 48036
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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
    15501 Metro Pkwy Clinton Township, MI 48036
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