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    Property profile & analytics
    OFF-MARKET Estimated value $12,255,000
    Commercial real estate

    4775 24th Ave, Fort Gratiot, MI 48059-3405

    216,125 SF 27.95 ac lot Built 1996
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-4559856
    Property summary
    AI-generated overview

    This exceptional 781-square-foot retail space offers a prime, in-store location within a high-traffic Meijer supermarket in St. Clair County. Benefit from unparalleled visibility and access to thousands of weekly customers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities, simplifying your operational costs. Strategically positioned for maximum customer interaction, this "store-within-a-store" concept provides excellent branding opportunities with both interior and exterior signage. Located in a thriving trade area with a desirable customer base, this space is ideal for a variety of businesses, including financial institutions, food and beverage establishments, service businesses, health and wellness providers, and more. The property features high-traffic, highly visible front-of-store placement, ensuring maximum exposure for your business. Multiple similar vacancies are available throughout the Midwest. This turnkey solution provides a unique opportunity to establish your business in a well-known retail destination. The space is currently vacant and ready for immediate occupancy.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1996
    Total area 216,125 SF
    Lot 27.95 ac (1,217,502 SF)
    Zoning code C-2*
    APN 74-20-016-2031-004
    UPID US43-4559856
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $12.25M
    Blend (final) Blend
    $12.26M
    Owner & transaction history
    MEIJER INC
    MEIJER INC
    Zoning & alternative use
    C-2* · Fort Gratiot, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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