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Property profile & analytics
OFF-MARKET
Land

4718 24Th Ave Fort Gratiot Township, MI 48059

1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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