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Investment Highlights

  • Located on Griswold Road south of 10 Mile Road in Lyon Charter Township.
  • Permitted outdoor storage uses with special land use approval.
  • City Water & Sanitary Sewer Available and Electric Service On Site.
  • Approximately 14,752 Vehicles Per Day along Griswold Road.
  • Suitable for motor freight, truck parking, contractor yards, building material sales, and equipment storage uses.
  • Land Contract Terms Available.

Executive Summary

Exceptional industrial land opportunity in the rapidly growing Lyon Charter Township market. This 11.82-acre development site is strategically located on the west side of Griswold Road, just south of 10 Mile Road, providing excellent access to major transportation corridors and surrounding industrial and commercial users. The property is zoned I-2 General Industrial, offering flexibility for a variety of industrial and outdoor storage applications, subject to special land use approval. Permitted uses include motor freight operations, truck and trailer parking, lumber and building material sales, construction equipment sales, and landscape contractor operations.
The site is improved with city water and sanitary sewer, with electric service available on-site, reducing development costs and accelerating project timelines. Positioned along a corridor with approximately 14,752 vehicles per day, the property offers strong visibility and convenient access for employees, customers, and logistics operations.
Surrounded by established industrial users and growing residential communities, the property presents an outstanding opportunity for developers, investors, or owner-users seeking a well-located industrial land asset in one of Southeast Michigan's most desirable growth corridors. Attractive seller financing options may be available through land contract terms.

Property Facts

Price $949,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 11.82 AC
Zoning I-2 - General Industrial

1 Lot Available

Lot

Price $949,000
Price Per AC $80,287.65
Lot Size 11.82 AC

11.82-acre development site is strategically located on the west side of Griswold Road, just south of 10 Mile Road, providing excellent access to major transportation corridors and surrounding industrial and commercial users.

Description

Positioned in the desirable South Lyon market, this offering presents an exceptional opportunity for investors, developers, or owner-users seeking a presence in one of Oakland County's growing communities. Located along the Griswold Road corridor, the property benefits from strong visibility, convenient accessibility, and proximity to established residential neighborhoods, retail amenities, schools, and major commuter routes. South Lyon continues to experience steady residential growth and community investment, creating demand for a variety of commercial and mixed-use opportunities. The property's strategic location provides easy access to downtown South Lyon, Pontiac Trail, and surrounding employment centers, making it well positioned for future growth and long-term value appreciation. Whether intended for development, redevelopment, or continued use as an investment property, this asset offers a rare opportunity to acquire real estate in a highly sought-after market with strong demographics and a vibrant local economy. Its location, accessibility, and potential for future growth make it a compelling offering for a wide range of buyers.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
21-29-226-030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$303,780
  • Listing ID: 26536356

  • Date on Market: 9/1/2022

  • Last Updated:

  • Address: Griswold, South Lyon, MI 48178

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