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    Shepherd, MI Commercial Land for Sale

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    Mount Pleasant, MI Saint Louis, MI Alma, MI
    Versatile Commercial Property on Major Road
    $140,000
    43,560 SF

    Versatile Commercial Property on Major Road

    4235 W Isabella Road, Shepherd, MI 48883

    Prime commercial property with high visibility and multiple income streams.

    • Prime Location: High traffic count on a major state road between Midland and Mt. Pleasant ensures maximum exposure.
    • Multiple Income Streams: Generate revenue from 2 storefront buildings, 2 mobile homes, and billboard rentals.
    • Flexible Zoning (C‑1): Suitable for a variety of commercial uses, offering diverse business opportunities.
    • Development Potential: 2 acres allows for expansion of existing businesses or creation of new commercial ventures.
    • Two Storefront Buildings: Ideal for retail, office, or service businesses.
    Updated: Oct 25, 2024
    View details
    $50,000
    1.34 Acres

    Land in Shepherd, Michigan

    5437 W ISABELLA Road, Shepherd, MI 48883

    1.34 acre commercial land in the heart of Oil City.

    • 1.34 acres total land area
    • Located at the southeast corner of Isabella and Coleman
    • Prime location in the heart of Oil City
    • Corner lot with traffic light access
    • Includes 2 parcels
    Updated: Feb 7, 2025
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    Versatile Commercial Property on State Road
    $140,000
    43,560 SF

    Versatile Commercial Property on State Road

    Commercial property with storefronts, mobile homes, and development potential.

    4235 W Isabella, Shepherd, MI 48883
    View details
    Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 3 Active listings in Shepherd, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Lot on M-20
    $99,000
    0.54 Acres

    Commercial Lot on M-20

    Vacant commercial lot ready for new construction on busy street.

    4924 E Pickard Street, Mount Pleasant, MI 48858
    View details
    M-20 Vacant Development Land
    $1,350,000
    4.78 Acres

    M-20 Vacant Development Land

    Prime vacant land on M-20 with great visibility.

    5165 E Pickard Street, Mt Pleasant, MI 48858
    View details
    Prime Land Development Opportunity
    $550,000
    2.07 Acres

    Prime Land Development Opportunity

    2.07 acres of land suitable for commercial development.

    5165 E Pickard St, Mt Pleasant, MI 48858
    View details
    Commercial Land on M20
    $159,900
    152,460 SF

    Commercial Land on M20

    Commercial land available near casino and downtown Mount Pleasant.

    9926 East Pickard Road, Mount Pleasant, MI 48858
    View details

    Off-Market Properties in Shepherd, MI

    Consider similar Off-Market properties in Shepherd, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    309 Wright Ave, Unit 7

    309 Wright Ave, Unit 7

    VACANT COMMERCIAL LAND • 0.10 Acres
    Value Estimation by Request
    309 Wright Ave, Shepherd, MI 48883-2515
    View details
    365 Wright Ave, Unit 3

    365 Wright Ave, Unit 3

    VACANT COMMERCIAL LAND • 0.15 Acres
    Value Estimation by Request
    365 Wright Ave, Shepherd, MI 48883
    View details
    232 Wright Ave, Unit 20

    232 Wright Ave, Unit 20

    VACANT COMMERCIAL LAND • 0.10 Acres
    Value Estimation by Request
    232 Wright Ave, Shepherd, MI 48883
    View details
    258 Wright Ave, Unit 2

    258 Wright Ave, Unit 2

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    258 Wright Ave, Shepherd, MI 48883-5162
    View details
    232 Wright Ave, Unit 18

    232 Wright Ave, Unit 18

    VACANT COMMERCIAL LAND • 0.10 Acres
    Value Estimation by Request
    232 Wright Ave, Shepherd, MI 48883
    View details
    213 Wright Ave, Unit 18

    213 Wright Ave, Unit 18

    VACANT COMMERCIAL LAND • 0.05 Acres
    Value Estimation by Request
    213 Wright Ave, Shepherd, MI 48883-5161
    View details
    213 Wright Ave, Unit 17

    213 Wright Ave, Unit 17

    VACANT COMMERCIAL LAND • 0.05 Acres
    Value Estimation by Request
    213 Wright Ave, Shepherd, MI 48883-5161
    View details
    331 Wright Ave

    331 Wright Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    331 Wright Ave, Shepherd, MI 48883-8065
    View details
    217 Wright Ave

    217 Wright Ave

    VACANT COMMERCIAL LAND • 0.10 Acres
    Value Estimation by Request
    217 Wright Ave, Shepherd, MI 48883-5161
    View details
    330 Wright Ave

    330 Wright Ave

    VACANT COMMERCIAL LAND • 0.09 Acres
    Value Estimation by Request
    330 Wright Ave, Shepherd, MI 48883-5165
    View details
    525 Wright Ave

    525 Wright Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    525 Wright Ave, Shepherd, MI 48883-9301
    View details
    Wright Ave

    Wright Ave

    VACANT COMMERCIAL LAND • 0.53 Acres
    Value Estimation by Request
    Wright Ave, Shepherd, MI 48883
    View details
    207 Wright Ave

    207 Wright Ave

    VACANT COMMERCIAL LAND • 0.05 Acres
    Value Estimation by Request
    207 Wright Ave, Shepherd, MI 48883-2512
    View details
    414 Wright Ave

    414 Wright Ave

    VACANT COMMERCIAL LAND • 0.74 Acres
    Value Estimation by Request
    414 Wright Ave, Shepherd, MI 48883-5167
    View details
    305 Wright Ave

    305 Wright Ave

    VACANT COMMERCIAL LAND • 0.57 Acres
    Value Estimation by Request
    305 Wright Ave, Shepherd, MI 48883-9375
    View details
    5 Wright Ave

    5 Wright Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    5 Wright Ave, Shepherd, MI 48883
    View details
    6 Wright Ave

    6 Wright Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    6 Wright Ave, Shepherd, MI 48883
    View details
    27 Wright Ave

    27 Wright Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    27 Wright Ave, Shepherd, MI 48883
    View details
    251 Wright Ave

    251 Wright Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    251 Wright Ave, Shepherd, MI 48883-5162
    View details
    Wright Ave

    Wright Ave

    VACANT COMMERCIAL LAND • 0.05 Acres
    Value Estimation by Request
    Wright Ave, Shepherd, MI 48883
    View details
    Wright Ave

    Wright Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Wright Ave, Shepherd, MI 48883
    View details

    Shepherd, MI Commercial Land Investment Opportunities Market Analysis

    Explore 61 commercial land for sale in Shepherd, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 87,120 square feet of properties for sale, with an estimated market value of $280,000.

    Sale prices for commercial lots in Shepherd, MI start at $140,000, averaging $140,000, and reaching up to $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 3
    Recreation land 2
    Residential land & home lots 2

    Demographics Overview

    Population 6,755
    Population Growth (5Y) -2.3%
    Median Household Income $66,364
    College Educated 26.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Shepherd submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    48883 $110K

    Taxes & Financing

    Tax Rate (average for all types) 4.58%
    Property Tax per SF $89.48 per sq ft
    Average Loan-to-Value 65.0%

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