208-210 Gratiot Ct Mount Clemens, MI 48043
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.
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
Similar Nearby for Lease
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.