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    10963 Gratiot Ave Casco, MI 48064

    Sponsored
    For Sale
    $599,000

    Prime commercial land, ideal location, B-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.8-acre commercial land parcel presents a remarkable investment opportunity in Casco, Michigan. Located at 10963 Gratiot Avenue, this property boasts a highly desirable B-2 zoning designation, opening doors to a wide array of commercial development possibilities. The site is conveniently situated near established businesses such as Kroger, CVS, and Tim Hortons, ensuring high visibility and accessibility for potential ventures. Utilities are readily available on-site, simplifying the development process. The asking price is $599,000, translating to an attractive price per acre of $55,462. The property's parcel number (APN) is 74-12-006-4018-001. This strategically located land offers significant potential for substantial returns, making it an exceptional addition to any commercial real estate portfolio. Don't miss this chance to acquire a prime commercial property in a thriving area. The property is zoned B-2 and offers significant advantages for businesses seeking a high-traffic location with excellent visibility. The price per square foot is $1.27. This is a rare opportunity to secure a large parcel of commercial land in a rapidly developing area.

    Property Features for 10963 Gratiot Ave

    General Information

    Property type
    Land
    Lot Size
    470,448 SF

    HighLights

    • 10.8‑acre commercial parcel available.
    • B‑2 zoning.
    • Utilities on‑site.
    • Excellent commercial location near Kroger, CVS, and Tim Hortons.
    • Attractively priced at $599,000 ($55,463/acre).
    • $1.27 per square foot.
    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 Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Casco
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.731093
    Latitude
    42.798318

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    Nearby Similar for Sale

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      Commercial Property in High-Traffic Area

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    FAQs

    What type of property is this?
    Land - Prime commercial land, ideal location, B-2 zoning.
    Where is this land located?
    The property is located at 10963 Gratiot Ave Casco, MI.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 10.8-acre commercial parcel available.; B-2 zoning.; Utilities on-site.
    (248) 359-3801
    Request Owner's contact information
    10963 Gratiot Ave Casco, MI 48064
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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
    10963 Gratiot Ave Casco, MI 48064
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