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    67300 Main St Richmond, MI 48062

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    For Sale
    Contact for pricing

    Prime 1.75-acre commercial lot in Richmond, MI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.75-acre commercial land parcel presents a remarkable investment opportunity in Richmond, Michigan. Located at 67300 S Main Street, this property boasts 555 feet of frontage on South Main Street, offering unparalleled visibility and accessibility. The lot is zoned for commercial use and is readily divisible, accommodating various development scenarios. The property's strategic location on the north side of Main Street, just west of Gratiot Avenue, places it directly in front of a substantial multi-tenant shopping center, ensuring high traffic and exposure. City water and sewer services are conveniently available on-site. This prime retail location benefits from the proximity of numerous established businesses, including Kroger, Tractor Supply Co., Tim Hortons, Tropical Smoothie Cafe, AutoZone, a car dealership, and several medical buildings, creating a vibrant and thriving commercial environment. The parcel's size and location make it ideal for a wide range of commercial ventures, from retail establishments to restaurants and professional offices. The APN is 50-07-06-01-426-027, and the property is held under single ownership. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area. Don't miss out on this exceptional chance to establish your business in a prime location.

    Property Features for 67300 Main St

    General Information

    Property type
    Land
    Lot Size
    76,230 SF

    HighLights

    • 1.75‑acre commercial outlot, divisible.
    • 555 feet of frontage on S Main Street.
    • City water and sewer available.
    • Prime retail location in Richmond, MI, near major retailers.
    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 Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Macomb
    State
    Michigan
    Longitude
    -82.7365686
    Latitude
    42.7994556

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    FAQs

    What type of property is this?
    Land - Prime 1.75-acre commercial lot in Richmond, MI.
    Where is this land located?
    The property is located at 67300 Main St Richmond, MI.
    What are key features of this property?
    This property features: 1.75-acre commercial outlot, divisible.; 555 feet of frontage on S Main Street.; City water and sewer available.
    (248) 663-0506
    Request Owner's contact information
    67300 Main St Richmond, MI 48062
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    Richmond, MI 48062
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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
    67300 Main St Richmond, MI 48062
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