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Prime Corner Lot for Lease
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66901 Gratiot Avenue, Richmond, MI 48062

0.5-acre corner lot suitable for various commercial uses.

Space Size21,780 SF
Lot Size0.50 Acres
Days on Market770

Property Features for 66901 Gratiot Avenue

General Information

Standard status Active
Size 21,780 SF
Lot size 0.50 Acres
Property subtype Retail, Office, Land
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 66901 Gratiot Avenue Contact us

Available Space

Size
21,780 SF
Type
Land, Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: KJ Commercial
Listed By: Kevin Jappaya, CCIM · License #6502380656
Source: Crexi
Added: Jul 23, 2024 Changed: Aug 25 Last Checked: Aug 29 at 7:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KJ Commercial

Investment Insights

Based on property information with market context.

This property features a +/- 0.5-acre lot situated on a signalized hard corner, offering excellent exposure to passing motorists. The location is directly across from a Kroger store and surrounded by well-known national brands. Permitted uses for the site include car washes, restaurants, self-storage facilities, banks and financial institutions, urgent care centers, and office spaces. Special condition uses also include drive-thru retail establishments and gas stations. The property is located on the southwest corner of Gratiot Avenue and 31 Mile Road.

Key Highlights

  • Signalized hard corner location offers high visibility and accessibility.
  • High‑traffic location with excellent exposure to passing motorists.
  • Situated directly across from Kroger, a major traffic driver.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm HVAC Service Storage Facility Kitchen & Bath Showroom Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

Demographics for 48062, MI

9,375
Population
3,631
Households
2.6
Avg Household Size
43
Median Age
25%
College-Educated
86%
High-School Grad
39.5 sq mi
ZIP Area
237
Density / Sq Mi
$75,763
Median Household Income
$39,181
Median Earnings
$882
Median Rent
$249,000
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.5-acre corner lot suitable for various commercial uses.
Where is this commercial land located?
The property is located at 66901 Gratiot Avenue Richmond, MI.
What is the lease rate?
The lease rate is $72,000.
What are key features of this property?
This property features: Signalized hard corner location offers **high visibility and accessibility**.; High‑traffic location with **excellent exposure** to passing motorists.; Situated directly across from Kroger, a **major traffic driver**.
(248) 851-8900 Call to check price and availability
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