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    43315 Gratiot Ave Clinton Township, MI 48036

    Sponsored
    For Sale
    $200,000

    3.97 Acres, B-3 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 3.97-acre commercial land parcel, located at 43315 N Gratiot Ave in Clinton Township, Michigan (zip code 48036, APN 16-11-12-101-016), presents a remarkable investment opportunity. Boasting 359 feet of frontage on N Gratiot Avenue, this predominantly level and cleared site benefits from a high daily traffic count of 22,617 vehicles. The B-3 General Business District zoning allows for a wide range of uses, including any retail business or service establishment permitted in the OS, B-1, or B-2 districts, with some uses subject to special conditions. This makes it ideal for various ventures, such as car washes, auto service centers, religious institutions, general retail establishments, or office spaces. The asking price for this strategically located property is $200,000. Its prime location and flexible zoning make it an attractive prospect for developers and investors seeking a high-visibility site with significant development potential in a thriving commercial area of Macomb County. The property's level topography simplifies development, minimizing site preparation costs. This is a rare opportunity to acquire a substantial commercial parcel in a high-traffic area with excellent visibility.

    Property Features for 43315 Gratiot Ave

    General Information

    Property type
    Land
    Lot Size
    172,933 SF

    HighLights

    • 3.97‑acre commercial land parcel in Clinton Township, MI (APN 16‑11‑12‑101‑016).
    • 359 feet of frontage on N Gratiot Avenue with 22,617 vehicles daily traffic count.
    • Predominantly level and cleared site.
    • B‑3 General Business zoning; allows various uses including retail, service, and religious establishments (some uses may require special conditions).
    • $200,000 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 Hair Salon Auto Repair Shop 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
    -82.869013203799
    Latitude
    42.613895435417

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    FAQs

    What type of property is this?
    Land - 3.97 Acres, B-3 Zoning, High Traffic
    Where is this land located?
    The property is located at 43315 Gratiot Ave Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 3.97-acre commercial land parcel in Clinton Township, MI (APN 16-11-12-101-016).; 359 feet of frontage on N Gratiot Avenue with 22,617 vehicles daily traffic count.; Predominantly level and cleared site.
    (734) 660-0763
    Request Owner's contact information
    43315 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
    43315 Gratiot Ave Clinton Township, MI 48036
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