1410 Grand Riv Ave Meridian charter Township, MI 48864
- Retail space
- 1,320 SF
- 0.46 lot acres
Current Use by Public Records
- MAC Legends Golf Center / Golf Driving Range / Golf Club
Property Details for 1410 Grand Riv Ave
- Year built
- 1959
- Lot size
- 0.46 lot acres
- Property size
- 1,320 SF
- Zone code
- CR
- Property type
- Retail space
- APN
- 33-02-02-23-301-008
- APU
- 33020223301008
Description
This exceptional 20.99-acre commercial land parcel presents a unique development opportunity in the thriving Okemos, Michigan market. Located at 1410 Grand River Ave, this property boasts an impressive 700 feet of frontage on Grand River Avenue, providing significant visibility and accessibility. The site is conveniently situated just one mile from the Meridian Mall, ensuring proximity to a substantial consumer base and established infrastructure. Zoned Commercial 201 Improved, this land offers significant potential for a variety of commercial developments. The property's location within Ingham County, near a major business district, further enhances its desirability. The parcel is identified by APN numbers 33-02-02-23-301-012 and 33-02-02-23-301-008. This rare tract of land in Okemos represents a compelling investment opportunity for developers seeking a high-impact location with substantial frontage and proximity to key amenities. The asking price for this remarkable property is $4,500,000. Don't miss this chance to acquire a truly exceptional piece of commercial real estate in a rapidly growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $285,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $275,000
- Mixed-Use
- $335,000
- Hospitality
- $350,000
- Educational
- $335,000
- Residential Income
- $260,000
- Energy
- $350,000
- Income-Based Land
- $265,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Okemos
- County
- Ingham
- State
- Michigan
- Longitude
- -84.3993
- Latitude
- 42.7162
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA