Gratiot vacant 20.5 acres

Vacant Land for Sale
Catylist Listing ID: 2034001
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Retail, Other, General
Gross Land Area: 20.50 Acres
Sale Price: $1,995,000
Unit Price: $97,317 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/6/2016

Overview / Comments

In the heart of the 23 Mile Rd and Gratiot Growth Explosion. The site offers the next buildable location adjacent or near Lowes, Meijer, Home Depot, Walgreens, Target, etc. Mid size or big box site - alkso could be utilized as general retail, medical or assisted living. 3 minutes from I-94, 5 minutes from M-59, 30 seconds to 23 Mile Rd.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 09-17-327-007
Zoning: C3 / RM2
Market Type: Large
Property Located Between: N of 23 Mile Rd
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Gratiot
Feet of Frontage: 856
Highway Access: I-94, M-59(Hall Rd), M-97(Groesbeck), M-19 and M-29


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,572 48,048 110,336
Median Age: 33.2 38.2 37.2
Households: 2,775 17,824 39,353
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