Individually Owned 
For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IV · South Lyon, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for IV in South Lyon, MI.
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