Property profile

0 Grand Riv / Francis Rd Grand Ledge, MI 48837

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel presents a remarkable development opportunity in Grand Ledge, Michigan. Located at the highly visible hard corner of West Grand River and Francis Road, this property boasts unparalleled visibility and accessibility. The site is situated directly across from a Love's truck stop, ensuring a consistent flow of high-traffic volume. Its strategic location at the intersection of Highway 69/96 (exit 90) provides convenient access for customers and employees alike. The property is zoned for commercial use, making it ideal for a variety of developments, including retail establishments or fast-food restaurants. With its substantial lot size and prime location, this property offers significant potential for investors seeking a high-return investment. The asking price is $400,000. The parcel number is 150-028-400-024-00. This is a rare opportunity to acquire a highly desirable commercial property in a thriving location with excellent visibility and high vehicle counts. Don't miss out on this chance to capitalize on this prime development opportunity.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Grand Riv / Francis Rd Grand Ledge, MI 48837
Grand Ledge metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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