30735 + 30749 + 30755 + 30785 Grand River Avenue

Vacant Land for Sale
Also listed as Retail-Commercial, Business Opportunity
Catylist Listing ID: 30427564
Property Subtypes: Office, Retail
Gross Land Area: 8.37 Acres
Sale Price: $4,400,000
Unit Price: $525,686 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/30/2020

Overview / Comments

The is a bundled re-development opportunity consisting of 8.37 acres located on 2 parcels with a combined price of $ 4,400,000. The parcels include property are located at 30735 Grand River + 30749 Grand River + 30755 Grand River and 30785 Grand River ( lots 140, 141 and 142).

These parcels comprise the S.E. corner of Orchard Lake Road and Grand River Avenue in Farmington Hills. The south side of the property is frontage on Freedom road.

Combined road frontage for the 4 parcels is ;

Grand River Avenue frontage – 460’ ( i.e. 85’ + 375’= 460’)
Orchard Lake Road frontage – 630’
Freedom Road frontage - 390’ ( i.e. 78’ + 312’=390’)

Vehicle counts;
Grand River Avenue - 41,000 vehicles / day
Orchard lake Road - 14,000 vehicles / day
Freedom Road - 900 vehicles / day

For additional information call 800-830-7011

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Farmington / Farm Hills
Tax ID/APN: 2335105003
Zoning: B3
Property Visibility: Excellent
Largest Nearby Street: Orchard Lake Road
Feet of Frontage: 1,100
Traffic/Vehicle Count: 55,000
Highway Access: Grand River Avenue with potential for curb cuts on Orchard Lake Road.
Site Description: 3 parcels consisting of a combined 8.37 acres. Bordered by highways on 3 sides.
Lot Frontage: Grand River Ave and Orchard Lake Road
Lot Depth: 768'
Zoning Description: B3
In Flood Plain?: Yes
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal, Storm

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,232 101,159 265,740
Median Age: 41.33 41.29 42.76
Households: 5,917 42,860 111,918


Photograph of Listing Agent

Joe Arnold, CCIM

St. Arnold Commercial
CPIX Member
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