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    FOR SALE
    Grocery and convenience stores

    60999 Grand River Ave, New Hudson, MI 48165

    4,148 SF 1.52 ac lot Built 2001
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US43-0283596
    Property summary
    AI-generated overview

    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in Lyon Charter Township, Michigan. Located at 60999 Grand River Ave, 48165, this property boasts a prime location with excellent freeway visibility, situated right off the Kent Lake Road exit of I-96. The parcel is zoned B-2 Commercial, offering a wide array of potential uses. The asking price is $1,000,000, translating to $200,000 per acre. The property's APN is 21-05-176-016. This expansive lot provides significant development potential for various commercial ventures. Furthermore, the property offers the flexibility of being subdivided into two 2.5-acre parcels, each priced at $600,000. This presents an attractive option for investors seeking smaller-scale projects. Given its strategic location, zoning flexibility, and potential for subdivision, this property represents a compelling investment opportunity in a thriving commercial area. Don't miss this chance to acquire a highly visible and versatile commercial land parcel in a desirable Michigan location.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 2001
    Total area 4,148 SF
    Lot 1.52 ac (66,211 SF)
    Zoning code BI
    APN K -21-05-176-002
    UPID US43-0283596
    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
    Current use
    Occupant on record · Public records
    • bp Gas Station
    • Kensington BP Grocery & Convenience Store
    • ATM Atm
    • Cash2Bitcoin Bitcoin ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    S And G Real Estate LLC
    S And G Real Estate LLC
    since 2025
    Last sale
    $4.3M
    4 recorded transactions
    2025
    $4.3M
    2019
    1969
    1969
    Zoning & alternative use
    BI · New Hudson, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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