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    54500 Grand Riv Ave Lyon Charter Township, MI 48165

    Sponsored
    For Sale
    $10,200,000

    30 Acres, I-96 Frontage, Buildable

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30.74-acre industrial land parcel presents a rare opportunity in Western Oakland County, Michigan. Located at 54500 Grand River Ave, New Hudson, MI 48165, this property boasts prime visibility and accessibility due to its frontage on I-96 and Grand River Avenue. The land is zoned for Light Industrial use, offering significant development potential. With 100% usable and balanced acreage, the site is ideal for a large-scale industrial project. The property's APN is 21-02-376-004

    Property Features for 54500 Grand Riv Ave

    General Information

    Property type
    Land
    Lot Size
    1,339,034 SF

    HighLights

    • 30.74‑acre parcel available for development.
    • Prime location with I‑96 and Grand River Avenue frontage.
    • Light Industrial zoning.
    • Rare large land tract in Western Oakland County.
    • 100% usable, level site.
    • Subdivision potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply 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
    Lyon Charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.589581
    Latitude
    42.508583

    Nearby Comparable

    • $10,200,000

      Western Oakland County Land Tract

      Large, usable land tract in Western Oakland County available.
      54500 Grand River Ave, New Hudson, MI 48165
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      Lyon Township Industrial Land

      8.33 acres of light industrial land near I-96.
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      Industrial Land: Haas Road, MI

      2.34 Acres, I-1 Zoning, $165,000
      0 Of Grand Riv, South Lyon, MI 48165
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    • $1,490,000
      4,690 SF

      Medical/General Office Building For Sale

      Two-tenant medical/general office building with national tenants and long-term tenancy.
      53425-53445 Grand River Ave, New Hudson, MI 48165
      View Details
    • Contact for pricing
      2.93 Acres

      South Hill Industrial Land Parcels

      Wixom, MI industrial land: build-to-suit.
      0 Hl Rd, Wixom, MI 48165
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    • $2,500,000
      7.00 Acres

      Grand River Commercial Land Assemblage

      7 Acres, Multi-Family Zoning, Prime Location
      56200 Grand River Ave, New Hudson, MI 48165
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    • $650,000

      Land in Developing New Hudson

      Commercial land available in rapidly developing New Hudson area.
      Pontiac Trail Ct, New Hudson, MI 48165
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    • $2,350,000
      15,200 SF

      Lyons Industrial Property: Huge Potential

      Spacious industrial building with residential features
      56495 Grand Riv, Lyons, MI 48165
      View Details
    • $2,350,000
      19,800 SF

      New Hudson Industrial Flex Space

      19,800 SF Flex Space, High Growth Area
      56495 Grand River Ave, New Hudson, MI 48165
      View Details
    • $2,150,000

      Unique Mixed-Use Warehouse For Sale

      Impeccably maintained 20,000 SF warehouse with residential component.
      56495 Grand River Ave, New Hudson, MI 48165
      View Details
    • $2,501,730
      26,334 SF

      Freestanding Industrial Building with Mezzanine

      Industrial building featuring a mezzanine, grade-level doors, and truckwell.
      4955 Technical Dr, Milford, MI 48381
      View Details

    FAQs

    What type of property is this?
    Land - 30 Acres, I-96 Frontage, Buildable
    Where is this land located?
    The property is located at 54500 Grand Riv Ave Lyon Charter Township, MI.
    What is the asking price?
    The asking price for this property is $10,200,000.
    What are key features of this property?
    This property features: 30.74-acre parcel available for development.; Prime location with I-96 and Grand River Avenue frontage.; Light Industrial zoning.
    Request Owner's contact information
    54500 Grand Riv Ave Lyon Charter Township, MI 48165
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    Lyon Charter Township, MI 48165
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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
    54500 Grand Riv Ave Lyon Charter Township, MI 48165
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