22269 Griswold RdSouth Lyon, MI 48178

  • Industrial land
  • 1.75 AC
For Sale
$175,000 View listing

Property Details for 22269 Griswold Rd

Lot size
1.75 AC
Zone code
IV
Property type
Industrial land
APN
K -21-32-226-001
APU
K2132226001

Description

This exceptional 1.75-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving South Lyon, Michigan market. Located at 22269 Griswold Road, Lyon Township, MI 48178, this property boasts a highly desirable I-1 Light Industrial zoning designation, opening doors to a wide range of development possibilities. The lot is strategically situated on the southwest corner of Griswold Road and 9 Mile Road, providing exceptional visibility and accessibility. With city water and sewer, electricity, and gas readily available, this site is ready for immediate development. The asking price is $175,000, translating to a land value of $100,000 per acre. The property's convenient location offers close proximity to downtown South Lyon, enhancing its appeal for businesses seeking a blend of accessibility and a vibrant community atmosphere. The APN is 21-32-226-001. This corner lot presents a rare opportunity to acquire a well-positioned industrial site in a growing area. Don't miss this chance to secure a prime piece of real estate in Oakland County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,936,838
    Hospitality
    $13,682,063
    Educational
    $11,383,316
    Medical
    $11,774,806
    Retail
    $17,707,380

Location Insight

City
South Lyon
County
Oakland
State
Michigan
Latitude
42.4462
Longitude
-83.6312
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
$2,699
-
-
$63,270
-
-
-
$126,540

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