44777 Gratiot Avenue

Vacant Land for Sale
Catylist Listing ID: 30009841
Property Subtypes: Industrial, Office, Retail, Other
Gross Land Area: 7.82 Acres
Sale Price: $1,275,000
Unit Price: $163,043 Per Acre
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2018

Overview / Comments

Tremendous redevelopment opportunity on Gratiot just south of Hall road. B-3 zoning allows for most commercial uses. The property land has two houses and one industrial building fully leased yielding $9,075 gross per month. The property is mostly paved.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: Unknown
Zoning: B-3
Property Located Between: Gratiot & Hall Road
Property Visibility: Good
Lot Frontage: 488
Lot Depth: 708

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,396 67,667 208,018
Median Age: 39.92 37.4 40.03
Households: 2,716 25,665 82,269
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