41241 Garfield Rd Clinton Township, MI 48038
This exceptional 7.43-acre land parcel in Clinton Township, Michigan, presents a unique investment opportunity. Strategically located on Garfield Road, this property enjoys a prominent position within a major retail corridor, experiencing daily traffic counts exceeding 30,000 vehicles. The B-3 and Residential zoning allows for diverse development options. The site is ideally situated near key amenities including Henry Ford Macomb Hospital and Macomb Community College, and is conveniently located south of the Hall Road super-regional trade area, anchored by two large shopping malls. This high-visibility location offers unparalleled potential for significant returns. The property is subdivided into multiple buildable lots. Lot B, encompassing 2.31 acres, is priced at $800,000. Lot C, measuring 1.73 acres, is offered at $700,000. Finally, Lot D, a 3.39-acre residential lot, is available for $500,000. The total asking price for the entire 7.43-acre parcel is $2,000,000. This presents a rare chance to acquire land in a thriving commercial and residential area with exceptional access and visibility. The property's location within a densely populated area ensures strong demand and potential for rapid development. Don't miss this opportunity to secure a prime piece of real estate in a high-growth market. The address is 41241 Garfield Rd, Clinton Twp, MI 48038.
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
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