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    Groesbeck Hwy Clinton Township, MI 48035

    Sponsored
    For Sale
    $1,200,000

    4.97 Acres, I-1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.97-acre industrial land parcel presents a prime development opportunity in Clinton Township, Michigan. Located on Groesbeck Highway, this property boasts 400 feet of frontage and a depth of 542 feet, offering significant visibility and accessibility. The I-1 zoning allows for a wide range of industrial uses, making it ideal for various businesses. The land is flat and cleared, ready for immediate development, with all city utilities readily available on Groesbeck Highway. Its strategic location provides easy access to major transportation arteries, including I-94 (2 miles), I-696 (5 miles), and Hall Road (3 miles), placing it within close proximity to major automotive manufacturers such as GM, Chrysler, and Ford, as well as numerous auto and aerospace suppliers. The property's adjacency to a self-storage facility further enhances its appeal. This is a rare opportunity to acquire a sizable, well-located industrial land parcel in a thriving growth corridor. The asking price is $1,200,000, with a land value of $5.54 per square foot. The property is zoned I-1 and features a single ownership. The address is Groesbeck Hwy, Clinton Twp, MI 48035.

    Property Features for 0 Groesbeck Hwy

    General Information

    Property type
    Land
    Lot Size
    216,493 SF

    HighLights

    • 4.97‑acre site
    • High‑visibility Groesbeck Highway frontage
    • I‑1 Industrial zoning
    • 400' frontage x 542' depth
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9258552
    Latitude
    42.5513972

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    FAQs

    What type of property is this?
    Land - 4.97 Acres, I-1 Zoning, High Visibility
    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 $1,200,000.
    What are key features of this property?
    This property features: 4.97-acre site; High-visibility Groesbeck Highway frontage; I-1 Industrial zoning
    Request Owner's contact information
    Groesbeck Hwy Clinton Township, MI 48035
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    Clinton Township, MI 48035
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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
    Groesbeck Hwy Clinton Township, MI 48035
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