0 Gratiot Rd, New Haven, MI 48048
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.
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
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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.