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    34700 Groesbeck Hwy Clinton Township, MI 48035

    Sponsored
    For Sale
    $1,800,000

    Prime Clinton Township commercial lot. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.15-acre commercial land parcel, located at 34700 & 34770 Groesbeck Highway in Clinton Township, Michigan (zip code 48035), presents a remarkable investment opportunity. The property is zoned B-3 General, allowing for a wide range of commercial uses. Its strategic location on Groesbeck Highway ensures high visibility and accessibility, making it ideal for businesses seeking significant exposure to a substantial daily traffic volume. The vacant land is ready for immediate development, offering a blank canvas for a new commercial venture. The asking price for this prime commercial property is $1,800,000. This is a rare opportunity to acquire a sizable, well-located parcel in a thriving Macomb County community. The property's latitude and longitude coordinates are 42.550185 and -82.9261424 respectively. Serious inquiries are encouraged. This is a unique chance to capitalize on the potential of this high-traffic location and build a successful commercial enterprise. The property's B-3 zoning ensures flexibility in development options.

    Property Features for 34700 Groesbeck Hwy

    General Information

    Property type
    Land
    Lot Size
    50,094 SF

    HighLights

    • 1.15‑acre vacant land parcel on Groesbeck Highway in Clinton Township, MI (48035).
    • B‑3 General zoning allows for diverse commercial uses.
    • High visibility and accessibility due to Groesbeck Highway location.
    • $1,800,000 asking price.
    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 Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9261424
    Latitude
    42.550185

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    FAQs

    What type of property is this?
    Land - Prime Clinton Township commercial lot. High-traffic location.
    Where is this land located?
    The property is located at 34700 Groesbeck Hwy Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 1.15-acre vacant land parcel on Groesbeck Highway in Clinton Township, MI (48035).; B-3 General zoning allows for diverse commercial uses.; High visibility and accessibility due to Groesbeck Highway location.
    Request Owner's contact information
    34700 Groesbeck Hwy Clinton Township, MI 48035
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    34700 Groesbeck Hwy
    Clinton Township, MI 48035
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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
    34700 Groesbeck Hwy Clinton Township, MI 48035
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