Property profile

00 Gratiot Blvd Marysville, MI 48040

OFF-MARKET
Industrial properties
100 SF 0.65 ac lot Built 1919
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Property summary

AI-generated overview

This exceptional 0.65-acre industrial lot presents a unique opportunity for development in Marysville, Michigan. Strategically located on Gratiot Avenue, this property enjoys excellent visibility and convenient access to Interstate 94, ensuring seamless transportation and logistics. The site is situated next to a Meijer Gas Station, benefiting from high traffic volume and established commercial presence. Currently vacant, this land is zoned C-2, providing flexibility for a variety of industrial uses. Importantly, a city variance has already been granted for reduced setbacks from Gratiot Avenue, streamlining the development process and potentially reducing construction costs. The lot encompasses 100 square feet, offering a compact yet strategically positioned parcel ideal for smaller-scale industrial projects or businesses requiring convenient highway access. This property represents a rare chance to acquire a well-located, ready-to-develop industrial site in a thriving area. The existing variance significantly reduces potential hurdles, making this an attractive investment for developers and businesses seeking a prime location with immediate development potential. The proximity to I-94 and a major gas station further enhances the property's value and appeal. Serious inquiries are encouraged.

Property profile

Verified
Property type Industrial properties
Year built 1919
Total area 100 SF
Lot 0.65 ac (28,314 SF)

Cap rate & NOI

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

Location

00 Gratiot Blvd Marysville, MI 48040
Marysville metro
Google Maps

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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