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    Grand River Ave Brighton, MI 48116

    Sponsored
    For Sale
    $1,100,000

    Prime Brighton location, C-1 zoning, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.68-acre commercial land parcel presents a unique investment opportunity in the thriving city of Brighton, Michigan. Located on Grand River Avenue, this property boasts high visibility and convenient access, situated directly adjacent to the L.O.C. Credit Union. The property is zoned C-1 Commercial, allowing for a wide range of development possibilities. Utilities are readily available on-site, including municipal water and sanitary sewer, simplifying the development process and reducing upfront costs. The expansive lot size provides ample space for a variety of commercial ventures, from retail establishments to office buildings. The strategic location along Grand River Avenue ensures significant exposure to a high volume of daily traffic, maximizing potential for business success. The APN is 18-31-202-067. This is a vacant lot ready for immediate development, offering a compelling opportunity for investors seeking a prime location in a rapidly growing market. The asking price for this exceptional property is $1,100,000. Don't miss this chance to acquire a highly desirable commercial property in Brighton, Michigan. The property's address is Grand River Ave, Brighton, MI 48116, within Livingston County.

    Property Features for 0 Grand River Ave

    General Information

    Property type
    Land
    Lot Size
    73,181 SF

    HighLights

    • On‑site utilities.
    • Adjacent to L.O.C. Credit Union.
    • Grand River frontage.
    • Municipal water and sewer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brighton
    County
    Livingston
    State
    Michigan
    Longitude
    -83.7849801
    Latitude
    42.5380761

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    FAQs

    What type of property is this?
    Land - Prime Brighton location, C-1 zoning, development ready.
    Where is this land located?
    The property is located at Grand River Ave Brighton, MI.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: On-site utilities.; Adjacent to L.O.C. Credit Union.; Grand River frontage.
    (248) 476-3700
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    Grand River Ave Brighton, MI 48116
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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
    Grand River Ave Brighton, MI 48116
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