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    Groesbeck Hwy & Weybridge St Clinton Township, MI 48036

    Sponsored
    For Sale
    $1,200,000

    4.97 Acres, I-1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.97-acre parcel of land, ideally situated at the intersection of Groesbeck Highway and Weybridge Street in Clinton Township, Michigan, presents a remarkable opportunity for industrial development. Zoned I-1, this property boasts significant visibility due to its 400-foot frontage on the heavily trafficked Groesbeck Highway and a depth of 542 feet. The land is entirely flat and cleared, eliminating the need for extensive site preparation, thus streamlining the development process and saving valuable time and resources. All city utilities are conveniently located on Groesbeck Highway, ensuring seamless connectivity for any future construction. The asking price for this ready-to-develop site is $1,200,000, translating to a land value of $5.31 per square foot. Located in Macomb County, with a zip code of 48036, this property offers unparalleled access to major transportation routes, making it an attractive location for businesses seeking efficient logistics and distribution capabilities. The property's size and zoning make it suitable for a wide range of industrial uses, presenting a compelling investment opportunity for developers and businesses alike. This is a rare chance to acquire a prime industrial site in a thriving Michigan community.

    Property Features for 0 Groesbeck Hwy & Weybridge St

    General Information

    Property type
    Land
    Lot Size
    216,493 SF

    HighLights

    • 4.97‑acre parcel in Clinton Township, MI.
    • High‑visibility location on Groesbeck Highway.
    • I‑1 Industrial zoning.
    • 400' frontage x 542' depth, flat and cleared.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9092089
    Latitude
    42.5732255

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    FAQs

    What type of property is this?
    Land - 4.97 Acres, I-1 Zoning, High Visibility
    Where is this land located?
    The property is located at Groesbeck Hwy & Weybridge St Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 4.97-acre parcel in Clinton Township, MI.; High-visibility location on Groesbeck Highway.; I-1 Industrial zoning.
    Request Owner's contact information
    Groesbeck Hwy & Weybridge St Clinton Township, MI 48036
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    Clinton Township, MI 48036
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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
    Groesbeck Hwy & Weybridge St Clinton Township, MI 48036
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