1045 Southbound Gratiot Ave, Clinton Township, MI 48036
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.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.