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    OFF-MARKET
    Land

    0 Gratiot Rd, New Haven, MI 48048

    24.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 24.2-acre commercial land parcel presents a unique investment opportunity in Lenox, Michigan, within Macomb County. Located at 0 Gratiot Road, zip code 48048, this property boasts a highly desirable location with excellent access to major transportation routes. The expansive acreage offers significant potential for a wide range of commercial developments, catering to various business needs. The land is currently undeveloped, providing a blank canvas for ambitious projects. Its flat topography simplifies construction and site preparation, minimizing potential development challenges. The property's strategic location within Macomb County offers access to a robust workforce and a thriving local economy. With its considerable size and prime location, this property represents a rare chance to acquire a substantial land holding in a rapidly growing area. The asking price is $880,000. Detailed site surveys and environmental reports are available upon request. This is an exceptional opportunity for developers and investors seeking a significant land acquisition in a highly sought-after location. The property's coordinates are 42.7440097 latitude and -82.7886395 longitude. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Lot 24.2 ac (1,054,152 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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