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Property profile & analytics
OFF-MARKET
Land

56601 Grand Riv Ave South Lyon, MI 48178

3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional three-acre commercial land parcel, located at 56601 Grand River Avenue in South Lyon, Michigan (zip code 48178), presents a unique investment opportunity. The property is zoned B-1, offering a wide range of potential commercial uses. All utilities are conveniently located on-site, simplifying development plans. Priced at $375,000 ($125,000 per acre), this land boasts a highly desirable location in the rapidly expanding downtown New Hudson area. Its proximity to major retail centers like Lyon Crossing and Lyon Town Center, which include established businesses such as Walmart, Lowe's, and Liberty Chevrolet, ensures high visibility and accessibility. This prime retail pad site offers significant potential for developers seeking to capitalize on the area's robust growth and strong consumer base. The property's strategic location and zoning make it an ideal choice for a variety of commercial ventures. Oakland County location provides access to a thriving market and excellent infrastructure. Don't miss this chance to acquire a valuable piece of commercial real estate in a burgeoning Michigan community.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 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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