Property profile

0 Of Grand Riv South Lyon, MI 48165

OFF-MARKET
Land
2.34 ac lot
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Property summary

AI-generated overview

This exceptional 2.34-acre parcel of land presents a prime opportunity for industrial development. Located in Lyon Charter Township, Oakland County, Michigan, with a convenient address on Haas Road, south of Grand River Avenue (zip code 48165), this property boasts an I-1 Light Industrial zoning designation. The asking price is $165,000, translating to approximately $70,512.82 per acre. The property's APN is 21-11-276-012. Its strategic location offers excellent accessibility and visibility, situated directly behind 53435 Grand River. This vacant land is ideal for businesses seeking a readily-developable site in a thriving industrial area. The property's size and zoning make it suitable for a variety of light industrial uses, providing significant potential for future growth and return on investment. Serious inquiries are encouraged to explore this compelling opportunity to acquire a well-positioned industrial land parcel in a desirable Michigan location. The property is conveniently located near major transportation routes, offering easy access to regional markets and distribution networks. This makes it an attractive option for businesses seeking efficient logistics and convenient access to their workforce.

Property profile

Verified
Property type Land
Lot 2.34 ac (101,930 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Of Grand Riv South Lyon, MI 48165
South Lyon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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