of Gratiot & Capital Cor, Clinton Township, MI 48036
This exceptional 1.4-acre commercial land parcel presents a remarkable development opportunity in Clinton Township, Michigan. Located on the highly visible corner of Gratiot and Capital Avenues, this property boasts 327 feet of frontage on Gratiot Avenue, ensuring maximum exposure for any future development. The land is completely clear, level, and ready for immediate construction, eliminating costly site preparation. Priced at $335,000, or $39,286 per acre, this represents an excellent value for a site of this caliber and location. The property's zoning allows for a variety of commercial uses, making it ideal for a wide range of businesses. With a parking ratio of 5.5 spaces per 1,000 square feet, ample parking can be accommodated. An adjacent 1.72-acre parcel is also available for purchase, providing the potential for a larger-scale development. This is a rare opportunity to acquire a prime commercial lot in a thriving Michigan community. Don't miss out on this chance to secure a strategic location for your next venture. The property is located in Macomb County, Michigan, with a zip code of 48036.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.