Property summary
This exceptional 1.94-acre commercial land parcel presents a remarkable development opportunity in Clinton Township, Michigan. Located at 38500 Garfield Road (APN 1120101008), this property boasts a highly desirable commercial zoning designation, making it ideal for a wide range of business ventures. The lot itself measures approximately 172 x 482 x 197 x 442 feet, offering ample space for construction. Its strategic location offers excellent visibility and accessibility, situated next to an attorney's office, in close proximity to the local Fire Department, and just down the street from the Fern Hill Golf Club. The surrounding area is experiencing significant growth, with numerous newer commercial developments already established, indicating a thriving and expanding business community. This property is priced at $375,000 and represents a compelling investment in a dynamic and promising location within Macomb County, Michigan, zip code 48038. All dimensions are approximate.
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
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
OS-1 · Clinton Township, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for OS-1 in Clinton Township, MI.
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