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5.16 Ac, Absolute $1 Auction

5400 Ali Drive : Grand Blanc, MI 48439

Genesee County, Michigan

5.16 Acres
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5.16 Ac, Absolute $1 Auction : Grand Blanc : Genesee County : Michigan

Property Description

$1 Auction - 5.16 AC with Highway Visibility.

Marketplace Online Auction August 08-10, 2022

All bidders must register with Marketplace to participate in the auction, see details below.

Investment Highlights

±5.16 AC Office Zoned Land in Grand Blanc, MI with Visibility Along I-475

Located in a Federal Opportunity Zone

Zoned Office Service with Permitted Uses including Office, Professional Services, Bank, Personal Services, and others

Nearby Economic Generators include GM Customer Care, Grand Blanc Mitsubishi, Hart Medical Equipment, Compassus, Applebee's, and Bob Evans

Dense Demographics with ±102,215 Individuals and Avg Household Income of ±$66,661 (5-mile radius)

Absolute Auction - 1st Bid Meets Reserve.

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present 5.16 acres adjacent to 5445 Ali Drive in Grand Blanc, Michigan (“Property”). The Property offers an exceptional investment opportunity via development and first bid meets reserve.

The Property consists of a ±5.16-Acre parcel at the end of Ali Drive with visibility on I-475. The parcel is currently zoned Office Service with permitted uses including office, professional services, bank, personal services, and several others. The Property benefits from proximity to many thriving local and national tenants including Starbucks, Ascension Genesys Hospital Health Equipment, Hart Medical Equipment, Compassus, Grand Blanc Mitsubishi, GM Customer Care, Bob Evans, Applebee's, Rite Aid, Taco Bell, Home Depot, and others.

Grand Blanc is a city in Genesee County between Detroit and Flint, Michigan. The Parcel is well-positioned in the trade area adjacent to I-475 and approximately 2.5-Miles from I-75 with direct access to Flint, Detroit, and Lansing. Within a five-mile radius, the Property has a 2022 population of ±102,215 and an average household income of ±$66,661.

Auctioneer: Jerry Helmer | Fisher Auction Company Inc.

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