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Property profile & analytics
OFF-MARKET
Land

0 Gratiot Ave Casco, MI 48064

1.96 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.96-acre commercial land parcel presents a remarkable investment opportunity in Casco, Michigan. Strategically located on heavily traveled Gratiot Avenue, just north of M-19, this property enjoys high visibility and accessibility. Its proximity to downtown Richmond (approximately one mile) and Interstate 94 (five miles) ensures excellent connectivity to regional transportation networks. The site is also conveniently accessible via Division Road (also known as 32 Mile Road in Macomb and Fred Moore Highway in St. Clair County). Existing infrastructure includes a septic system and well, providing immediate utility access. While water and sewer connections will require assessment, gas and electric services are readily available. This prime location offers significant potential for a variety of commercial developments, capitalizing on the high traffic volume and strategic positioning along a major thoroughfare. The property's size and location make it ideal for businesses seeking high visibility and convenient access to a bustling community and major transportation arteries. The address is Gratiot Avenue, Casco, MI 48064.

Property profile
Verified
Property type Land
Lot 1.96 ac (85,378 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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