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    1800 Grand River Ave Portland, MI 48875

    Sponsored
    For Sale
    $2,537,000

    Prime 50-Acre Commercial Land, I-96 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 50.74-acre commercial land parcel presents a unique investment opportunity in Portland, Michigan. Strategically located at the I-96 and East Grand River Avenue interchange, this site boasts immediate access to major transportation arteries, connecting it seamlessly to both Lansing and Grand Rapids. The property is zoned for Office Research, making it ideal for a variety of mixed-use developments. Plans for a new access road are already in place, simplifying development and enhancing accessibility. The site itself is largely cleared and level at street grade, ready for immediate construction. All utilities are readily available, minimizing infrastructure hurdles. With significant frontage along both East Grand River Avenue and Cutler Street, this property offers unparalleled visibility and exposure. The land is divisible, providing flexibility for various development scenarios. The asking price ranges from $50,000 to $90,000 per acre, reflecting the exceptional location and development-ready condition of this prime commercial real estate. This is a rare opportunity to acquire a substantial, highly accessible site in a rapidly growing area. Don't miss this chance to capitalize on the potential of this key location.

    Property Features for 1800 Grand River Ave

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 50.74‑acre commercial land parcel in Portland, MI, at I‑96 and East Grand River Ave interchange.
    • Office Research zoning allows for mixed‑use development.
    • Level, cleared site with available utilities and planned new access road.
    • High visibility with frontage on East Grand River Ave and Cutler St.
    • Divisible land, $50,000-$90,000 per acre.
    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 Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Ionia
    State
    Michigan
    Longitude
    -85.0384184
    Latitude
    42.8858028

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    FAQs

    What type of property is this?
    Land - Prime 50-Acre Commercial Land, I-96 Access
    Where is this land located?
    The property is located at 1800 Grand River Ave Portland, MI.
    What is the asking price?
    The asking price for this property is $2,537,000.
    What are key features of this property?
    This property features: 50.74-acre commercial land parcel in Portland, MI, at I-96 and East Grand River Ave interchange.; Office Research zoning allows for mixed-use development.; Level, cleared site with available utilities and planned new access road.
    (517) 319-9230
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    1800 Grand River Ave Portland, MI 48875
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    Portland, MI 48875
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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
    1800 Grand River Ave Portland, MI 48875
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