15501 Metro Pkwy, Clinton Township, MI 48036
This exceptional commercial land parcel, located at 62800 Gratiot in Clinton Township, Michigan, presents a unique investment opportunity. Spanning a substantial 300 to 1180 acres, this property boasts significant frontage on Gratiot, offering high visibility and accessibility. The land is zoned for agricultural use, providing flexibility for various development projects. Conveniently situated on a paved road, the property benefits from readily available city water, sewer, and gas utilities, simplifying infrastructure needs. The high-traffic location ensures excellent exposure for any future development. A key advantage is its location in Lenox Township, an area known for its cannabis-friendly regulations, making it suitable for cultivation and processing facilities. The property is ready for immediate development, presenting a compelling opportunity for investors seeking a large-scale project in a strategic location. The asking price is $400,000, with a land value of $40,000 per acre. The property is privately owned. This is an exceptional opportunity to acquire a substantial land parcel with significant potential in a rapidly developing area. The address is 15501 Metro Parkway, Clinton Township, MI 48036.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.