0 Groesbeck Hwy Clinton Township, MI 48035
This exceptional 4.97-acre industrial land parcel presents a prime development opportunity in Clinton Township, Michigan. Located on Groesbeck Highway, this property boasts 400 feet of frontage and a depth of 542 feet, offering significant visibility and accessibility. The I-1 zoning allows for a wide range of industrial uses, making it ideal for various businesses. The land is flat and cleared, ready for immediate development, with all city utilities readily available on Groesbeck Highway. Its strategic location provides easy access to major transportation arteries, including I-94 (2 miles), I-696 (5 miles), and Hall Road (3 miles), placing it within close proximity to major automotive manufacturers such as GM, Chrysler, and Ford, as well as numerous auto and aerospace suppliers. The property's adjacency to a self-storage facility further enhances its appeal. This is a rare opportunity to acquire a sizable, well-located industrial land parcel in a thriving growth corridor. The asking price is $1,200,000, with a land value of $5.54 per square foot. The property is zoned I-1 and features a single ownership. The address is Groesbeck Hwy, Clinton Twp, MI 48035.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.