Grand River Ave

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Grand River Ave

Ionia, MI 48846
Asking Price
$2.78M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel covering 55.54 acres of total area.
  • Property is listed for sale at a price of $2,777,000.
  • Located along Grand River Ave in Ionia, Michigan 48846.
  • Versatile site suitable for commercial, industrial, or mixed-use development.
  • Well-positioned for growth within the broader Michigan regional economy.

What's Special

This commercial land spans 55.54 acres along Grand River Ave in Ionia, Michigan. Situated within a key corridor of the state, the property benefits from the regional connectivity that defines this part of the metro area. Ionia maintains a stable economic base, supported by a mix of local manufacturing, agricultural industries, and residential growth. This expansive parcel provides a substantial footprint for various development initiatives, ranging from large-scale commercial retail projects to industrial operations or mixed-use planning. Investors and developers can utilize the generous acreage to accommodate significant infrastructure requirements or multi-phase construction projects. The site offers a direct approach to local thoroughfares, facilitating logistical access throughout the region. Given the scale of the tract, it serves as a viable option for those looking to establish a long-term commercial presence in a growing suburban market. Prospective buyers should evaluate the site for its potential to support industrial, retail, or corporate development needs in an established Michigan location.

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NOI
$80,000
Cap Rate
2.88%
DSCR
0.49
Underwater
Cash-on-Cash
-10.19%
Monthly Payment
$13,739.081
Annual Cash Flow
$-84,868.97

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