N. Gratiot Avenue

Vacant Land for Sale
Catylist Listing ID: 30258463
Gross Land Area: 1.40 Acres
Sale Price: $295,000
Unit Price: $210,714 Per Acre
In Opportunity Zone? Yes
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

Cleared and ready for development. Surrounded by activity and across the street from a hotel/convention center. Excellent retail opportunity. Can be combined with the adjacent 1.72 acre site.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $3,868 (Annual)
Finance Data Year 2017
Assessed Value - Total($) $3,794 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 16-11-01-251-021
Zoning: B-3 GENERAL
Property Located Between: Capital Blvd.
Traffic/Vehicle Count: 70,901
Available Utilities: Water, Gas, Sewer, Storm Drain

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,424 75,256 209,909
Median Age: 37.2 37.97 39.97
Households: 3,412 28,800 83,325
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