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    OFF-MARKET
    Industrial properties

    7992 Gratiot Ave, Columbus, MI 48063

    1.45 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.45-acre commercial property presents a unique investment opportunity in Columbus, MI. Located at 7992 Gratiot, the land boasts significant frontage along Gratiot Avenue, measuring 260.96 feet, providing excellent visibility and accessibility for any commercial venture. In addition to the Gratiot frontage, the property also offers 550.75 feet of frontage along Palms Cooper Drain. The property is zoned for commercial use, opening up a wide range of development possibilities. The presence of the Cooper Drain runs through a small section at the rear of the property. This parcel is ideal for businesses requiring substantial land area and high visibility. Its strategic location and generous size make it an attractive option for various commercial uses, from retail and light industrial to potential mixed-use developments. The asking price for this exceptional property is $70,000. Serious inquiries are encouraged to explore the potential of this prime commercial land and its significant development opportunities. The property's size and location offer a compelling investment opportunity for those seeking a strong foothold in the Columbus commercial market. Don't miss this chance to acquire a substantial piece of commercial real estate in a growing area.

    Property profile
    Verified
    Property type Industrial properties
    Lot 1.45 ac (63,162 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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