Groesbeck Hwy Clinton Township, MI 48036
- Land
- 10.04 lot acres
Current Use by Public Records
- Land
Property Details for 0 Groesbeck Hwy
- Lot size
- 10.04 lot acres
- Property type
- Land
Description
This exceptional 10.04-acre commercial land parcel, located on S. Groesbeck Hwy in Clinton Township, Michigan (zip code 48036), presents a unique investment opportunity. The property is fully site plan approved and shovel-ready, boasting a comprehensive plan for a senior living community. The approved development includes 160 units, encompassing 91 independent living rooms, 44 assisted living rooms, 20 memory care rooms, and 24 villa units. The project features four and three-story buildings, with all necessary variances for parking and building heights already secured. The zoning is SP, specifically approved for assisted living facilities. A finalized geo-technical engineering report, completed June 30, 2022, is available. Detailed site plans and elevations accompany this listing. This is a turnkey opportunity to develop a highly sought-after senior living community in a prime Macomb County location. The asking price is $3,749,000. Don't miss this chance to capitalize on this fully permitted and ready-to-build project.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clinton Township
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9029
- Latitude
- 42.5851
