22269 Griswold Rd, South Lyon, MI 48178-9406
This exceptional 1.75-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving South Lyon, Michigan market. Located at 22269 Griswold Road, Lyon Township, MI 48178, this property boasts a highly desirable I-1 Light Industrial zoning designation, opening doors to a wide range of development possibilities. The lot is strategically situated on the southwest corner of Griswold Road and 9 Mile Road, providing exceptional visibility and accessibility. With city water and sewer, electricity, and gas readily available, this site is ready for immediate development. The asking price is $175,000, translating to a land value of $100,000 per acre. The property's convenient location offers close proximity to downtown South Lyon, enhancing its appeal for businesses seeking a blend of accessibility and a vibrant community atmosphere. The APN is 21-32-226-001. This corner lot presents a rare opportunity to acquire a well-positioned industrial site in a growing area. Don't miss this chance to secure a prime piece of real estate in Oakland County.
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
IV · South Lyon, MISouth Lyon. Always verify with local authorities before improvements.
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.