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Property profile & analytics
OFF-MARKET
Land

208-210 Gratiot Ct Mount Clemens, MI 48043

0.61 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.61-acre commercial land parcel presents a remarkable opportunity for development in the thriving Mount Clemens, Michigan market. Located at 208-210 N Gratiot, this property boasts a prime location on a major thoroughfare, ensuring high visibility and accessibility. The site is zoned for General Commercial use, allowing for a wide range of development possibilities, from retail spaces to office buildings. All utilities are readily available, streamlining the construction process and minimizing development costs. The asking price is $225,000, making this an attractive investment for developers seeking a quick development project. Its strategic location on northbound Gratiot Avenue in Macomb County, Michigan (zip code 48043) offers excellent exposure to a significant volume of daily traffic. The property's 0.61-acre size provides ample space for a substantial development, while its convenient location ensures easy access for customers and employees. This is a rare opportunity to acquire a ready-to-develop commercial lot in a high-demand area. Don't miss out on this chance to capitalize on the growth potential of Mount Clemens. The latitude and longitude coordinates are 42.6032222 and -82.8742544 respectively.

Property profile
Verified
Property type Land
Lot 0.61 ac (26,572 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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