0 Gratiot Ave Casco, MI 48064
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.