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    1045 Southbound Gratiot Ave Clinton Township, MI 48036

    Sponsored
    For Sale
    $675,000

    5.22 Acres, B-3 Zoning, $675,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.22-acre commercial land parcel presents a remarkable investment opportunity in Clinton Township, Michigan. Strategically located on a hard corner of Southbound Gratiot Avenue, this property boasts unparalleled visibility and accessibility within a thriving retail corridor. The B-3 General Commercial zoning allows for a diverse range of development options, making it ideal for businesses seeking high-traffic exposure. With a site plan already approved for multiple uses, this property offers significant time and cost savings for developers. The asking price is $675,000, translating to a land value of $129,310 per square foot. The property features fee simple ownership and the APN is 16-11-12-132-004. Located at 1045 Southbound Gratiot Ave, Clinton Township, MI 48036, this site benefits from a dense retail environment and a robust local economy, further enhanced by a growing population and increasing income levels. This is a rare opportunity to acquire a prime commercial property in a high-demand location, ready for immediate development and poised for significant return on investment. The property's strategic location and flexible zoning make it an attractive proposition for a variety of commercial ventures. Don't miss this chance to secure a piece of Clinton Township's vibrant commercial landscape.

    Property Features for 1045 Southbound Gratiot Ave

    General Information

    Property type
    Land
    Lot Size
    227,383 SF

    HighLights

    • High‑visibility corner lot on Gratiot Avenue.
    • Excellent location within a dense retail corridor and strong local economy.
    • B3 Commercial zoning allows diverse commercial uses.
    • Development‑ready site.
    • Approved site plan for multiple uses, catering to population and income growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.882956890424
    Latitude
    42.583257246243

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    FAQs

    What type of property is this?
    Land - 5.22 Acres, B-3 Zoning, $675,000
    Where is this land located?
    The property is located at 1045 Southbound Gratiot Ave Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: High-visibility corner lot on Gratiot Avenue.; Excellent location within a dense retail corridor and strong local economy.; B3 Commercial zoning allows diverse commercial uses.
    Request Owner's contact information
    1045 Southbound Gratiot Ave 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
    1045 Southbound Gratiot Ave Clinton Township, MI 48036
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