4718 24Th Ave Fort Gratiot Township, MI 48059
This exceptional 1-6.5 acre commercial land parcel presents a rare development opportunity in Fort Gratiot Township, Michigan. Located at 4718 24th Ave, 48059, this property boasts a prime location within a thriving retail corridor, surrounded by established businesses such as Meijer, Walmart, Tractor Supply, Dick's Sporting Goods, Birchwood Mall, Hobby Lobby, Home Depot, and Lowe's. The significant advantage of a traffic signal directly at the property ensures high visibility and accessibility for any development. This is one of the last undeveloped commercial parcels in this area, making it a highly sought-after investment. The permitted zoning is commercial, allowing for a variety of uses, including retail, office, or restaurant establishments. The possibility of a lot split may also be available, offering further flexibility for developers. The asking price for this exceptional property is $1,500,000. Don't miss this chance to secure a prominent location in a rapidly growing market. Contact us today to learn more about this unique opportunity.
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
Similar Nearby for Lease
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.