Property profile

4775 24th Ave Fort Gratiot, MI 48059

OFF-MARKET
Commercial real estate
Property ID
US43-4559856
216,125 SF 27.95 ac lot Built 1996
Entity Owned Absentee Owner Free & Clear
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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

Location

4775 24th Ave Fort Gratiot, MI 48059-3405
Fort Gratiot metro Census 630100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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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

Zoning & alternative use

C-2* · Fort Gratiot, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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