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    OFF-MARKET
    Land

    3360 Grove St, Ypsilanti, MI 48198

    4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4-acre parcel, located at 3360 S Grove St in Ypsilanti Charter Township, Washtenaw County, Michigan (zip code 48198), presents a unique opportunity for retail development. The property is zoned B-3, offering flexibility for a variety of commercial uses. Situated on the southwest corner of Grove and Rawsonville Roads, this location benefits from high visibility and convenient access. The asking price is $2,000,000. This land offers the potential for sale, lease, or a build-to-suit arrangement, catering to diverse investment strategies. The site's strategic location south of I-94 provides excellent connectivity and accessibility. Furthermore, the area demonstrates above-average population growth, indicating a strong potential for future retail success. This is an exceptional opportunity to capitalize on a thriving market and establish a significant commercial presence in a rapidly growing area. The property's 4-acre size provides ample space for substantial development, allowing for significant flexibility in design and functionality. Serious inquiries are encouraged to explore the possibilities of this prime retail land. The latitude and longitude coordinates are 42.213767024428485 and -83.54415732320994 respectively.

    Property profile
    Verified
    Property type Land
    Lot 4 ac (174,240 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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