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    OFF-MARKET
    Land

    37361 Groesbeck Hwy, Clinton, MI 48036

    3.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.1-acre commercial land parcel presents a remarkable investment opportunity in Clinton, Michigan. Ideally situated on the highly visible corner of Groesbeck Highway and Weybridge Street, this property boasts significant frontage: 250 feet along Groesbeck Highway and 474 feet along Weybridge Street. Its strategic location just north of 16 Mile Road ensures high traffic volume and excellent visibility for any commercial venture. The property is zoned I-1, allowing for a variety of commercial uses. The area demonstrates strong commercial activity, with the nearby Parkway Shopping Plaza undergoing revitalization and securing new tenants. This suggests a growing and thriving commercial environment, making this land a prime location for development or expansion. The substantial lot size offers ample space for a large-scale project, while the high traffic counts promise significant exposure and potential for substantial returns. This is a rare opportunity to acquire a well-positioned commercial property in a dynamic and developing area. The property's location and zoning make it suitable for a wide range of commercial uses, providing flexibility for potential buyers. Don't miss this chance to secure a piece of prime commercial real estate in Macomb County. The asking price is $999,000.

    Property profile
    Verified
    Property type Land
    Lot 3.1 ac (135,036 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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