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    4718 24Th Ave Fort Gratiot Township, MI 48059

    Sponsored
    For Sale
    $1,500,000

    High-traffic commercial lot, ideal for retail or office.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1-6.5 acre commercial land parcel presents a rare development opportunity in Fort Gratiot Township, Michigan. Located at 4718 24th Ave, 48059, this property boasts a prime location within a thriving retail corridor, surrounded by established businesses such as Meijer, Walmart, Tractor Supply, Dick's Sporting Goods, Birchwood Mall, Hobby Lobby, Home Depot, and Lowe's. The significant advantage of a traffic signal directly at the property ensures high visibility and accessibility for any development. This is one of the last undeveloped commercial parcels in this area, making it a highly sought-after investment. The permitted zoning is commercial, allowing for a variety of uses, including retail, office, or restaurant establishments. The possibility of a lot split may also be available, offering further flexibility for developers. The asking price for this exceptional property is $1,500,000. Don't miss this chance to secure a prominent location in a rapidly growing market. Contact us today to learn more about this unique opportunity.

    Property Features for 4718 24Th Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $1,500,000 asking price.
    • 1‑6.5 acre commercial land parcel.
    • Located in Fort Gratiot Township, MI, at 4718 24th Ave, 48059.
    • Commercial zoning.
    • Broker co‑op available.
    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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Gratiot Township
    County
    St Clair
    State
    Michigan
    Longitude
    -82.456382
    Latitude
    43.04475

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    FAQs

    What type of property is this?
    Land - High-traffic commercial lot, ideal for retail or office.
    Where is this land located?
    The property is located at 4718 24Th Ave Fort Gratiot Township, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 1-6.5 acre commercial land parcel.; Located in Fort Gratiot Township, MI, at 4718 24th Ave, 48059.
    Request Owner's contact information
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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
    4718 24Th Ave Fort Gratiot Township, MI 48059
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