57036 Grand Riv AveLyon Charter Township, MI 48165

For Lease
  • Commercial land
  • 1.15 AC

Property Details for 57036 Grand Riv Ave

Lot size
1.15 AC
Zone code
BI
Property type
Commercial land
APN
K -21-04-426-005
APU
K2104426005

Description

This exceptional 1.78-acre commercial land parcel presents a unique investment opportunity in the thriving New Hudson area of Lyon Charter Township, Oakland County, Michigan. Strategically situated at the northwest corner of Grand River Avenue and Milford Road, this property benefits from high visibility and accessibility, just south of I-96. The site boasts significant frontage on both Grand River Avenue and Milford Road, ensuring maximum exposure for any future development. Currently mostly cleared and ready for immediate construction, this lot offers a streamlined path to realizing your commercial vision. The property's location between Milford and South Lyon capitalizes on the substantial freeway traffic flow from both communities. Expansion potential exists, with the possibility of increasing the lot size to 2.66 acres. This prime location and development-ready status make this an exceptional opportunity for businesses seeking a high-traffic, easily accessible site in a growing Michigan market. The property is zoned for commercial use (verification of zoning with local authorities is recommended). The address is 57036 Grand River Ave, New Hudson, MI 48165. This is a single-tenant site.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,815,636
    Hospitality
    $8,991,070
    Educational
    $7,480,464
    Medical
    $7,737,730
    Retail
    $11,636,278
57036 Grand Riv Ave, Lyon Charter Township, Michigan

Location Insight

City
New Hudson
County
Oakland
State
Michigan
Latitude
42.5123
Longitude
-83.6162
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,101
-
-
$278,270
-
-
-
$556,540

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