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26260 Groesbeck - 1.72 AC - Rare Development Opportunity 1.72 Acres of Commercial Land Offered at $890,000 in Warren, MI 48089
Investment Highlights
- Strong surrounding market with a mix of retail, industrial, and residential density driving demand.
- Located on Groesbeck Highway with easy access to I-696 ramps in both directions.
- Moratorium on new gas station developments enhances the competitive advantage for this property.
Executive Summary
• Preliminary approved for a gas station with a 6,000 SF building with a drive-thru
• 1.72 AC vacant land site for sale (200' x 375')
• Located on the east side of the road, allowing for easy access to the east bound and west bound I-696 entrance ramps
• Moratorium in place by the City of Warren, making this one of the last remaining gas station developments in the city
• 1.72 AC vacant land site for sale (200' x 375')
• Located on the east side of the road, allowing for easy access to the east bound and west bound I-696 entrance ramps
• Moratorium in place by the City of Warren, making this one of the last remaining gas station developments in the city
Property Facts
1 Lot Available
Lot
| Price | $890,000 | Lot Size | 1.72 AC |
| Price Per AC | $517,441.86 |
| Price | $890,000 |
| Price Per AC | $517,441.86 |
| Lot Size | 1.72 AC |
• Preliminary approved for a gas station (6,000 SF building w/ drive-thru) • 1.72 AC vacant land site for sale (200' x 375') • Moratorium in place by the City of Warren, making this one of the last remaining gas station developments in the city
Description
• Located on the east side of Groesbeck Highway just south of E. 11 Mile Road and I-696 • 1.72 AC vacant land site for sale (200' x 375') • Located on the east side of the road, allowing for easy access to the east bound and west bound I-696 entrance ramps
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 12-13-24-276-033 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $140,640 |
Property Taxes
Parcel Number
12-13-24-276-033
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$140,640
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26260 Groesbeck - 1.72 AC - Rare Development Opportunity
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