1800 E Grand River Ave, Portland, MI 48875
For Sale
1 / 3
This exceptional 50.74-acre commercial land parcel presents a unique investment opportunity in Portland, Michigan. Strategically located at the I-96 and East Grand River Avenue interchange, this site boasts immediate access to major transportation arteries, connecting it seamlessly to both Lansing and Grand Rapids. The property is zoned for Office Research, making it ideal for a variety of mixed-use developments. Plans for a new access road are already in place, simplifying development and enhancing accessibility. The site itself is largely cleared and level at street grade, ready for immediate construction. All utilities are readily available, minimizing infrastructure hurdles. With significant frontage along both East Grand River Avenue and Cutler Street, this property offers unparalleled visibility and exposure. The land is divisible, providing flexibility for various development scenarios. The asking price ranges from $50,000 to $90,000 per acre, reflecting the exceptional location and development-ready condition of this prime commercial real estate. This is a rare opportunity to acquire a substantial, highly accessible site in a rapidly growing area. Don't miss this chance to capitalize on the potential of this key location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.