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    Land

    1045 Southbound Gratiot Ave, Clinton Township, MI 48036

    5.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.22-acre commercial land parcel presents a remarkable investment opportunity in Clinton Township, Michigan. Strategically located on a hard corner of Southbound Gratiot Avenue, this property boasts unparalleled visibility and accessibility within a thriving retail corridor. The B-3 General Commercial zoning allows for a diverse range of development options, making it ideal for businesses seeking high-traffic exposure. With a site plan already approved for multiple uses, this property offers significant time and cost savings for developers. The asking price is $675,000, translating to a land value of $129,310 per square foot. The property features fee simple ownership and the APN is 16-11-12-132-004. Located at 1045 Southbound Gratiot Ave, Clinton Township, MI 48036, this site benefits from a dense retail environment and a robust local economy, further enhanced by a growing population and increasing income levels. This is a rare opportunity to acquire a prime commercial property in a high-demand location, ready for immediate development and poised for significant return on investment. The property's strategic location and flexible zoning make it an attractive proposition for a variety of commercial ventures. Don't miss this chance to secure a piece of Clinton Township's vibrant commercial landscape.

    Property profile
    Verified
    Property type Land
    Lot 5.22 ac (227,383 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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