Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    650 S State St Stanton, MI 48888

    View on Map
    Sponsored
    For Sale
    $1,100,000

    Retail Store,Other - Stanton, MI

    Property size:
    7,724 SF
    Lot size:
    35.83 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 5 at 7:06 pm

    Property Features for 650 S State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    7,724 SF
    Lot size
    35.83 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    2000
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Lisa Reidt
    Lisa Reidt

    FIVE STAR REAL ESTATE - MT. PLEASANT (616) 791-1500

    Listing agent Lisa Reidt (616) 791-1500

    Listing date Mar 5, 2026

    MLS# 1942707 Listing URL

    Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Land with Retail Buildings

    Located on the high-traffic M-66 corridor in Stanton, this commercially zoned 35.83-acre property includes multiple buildings and ponds. The property features approximately 10,124 square feet of buildings. The 7,724 square foot main building has served as a sporting goods shop. Additionally, there is a 40x60 outbuilding equipped with 5-inch concrete floors, 14' sidewalls, and 3-phase power, suitable for storage, equipment, workshop space, or expanded commercial use. The pole building also features radiant heat installed in the floor. The property includes two scenic stocked ponds. The possibilities are extensive for retail expansion, recreational business ventures, event space, storage facilities, development, or other commercial uses. Located just 20 minutes from expressway. Multiple purchase options are available, including the entire property with buildings and 35.8 acres, the main building with approximately 2 acres, and the pole building/ponds with 33 acres. The seller will consider custom splits with acceptable terms. The main building with approximately 2 acres is to close prior to or simultaneously with the closing of the 33-acre parcel with pole building and ponds.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stanton
    County
    Montcalm
    State
    Michigan
    Longitude
    -85.074668
    Latitude
    43.284978

    Nearby Similar for Sale

    • New
      $525,000
      7,100 SF

      High-Visibility Retail Store on M-66

      7,724 sq ft commercial building on 2 acres.
      650 S State St, Stanton, MI 48889
      View Details
    • $799,000
      3,750 SF

      Established Auto Business on One Acre

      Turnkey auto glass and siding business on a one-acre lot.
      106 S State St, Stanton, MI 48888
      View Details
    • New
      $99,900
      1,380 SF

      Versatile Commercial/Residential Property in Stanton

      Adaptable commercial/residential property with recent upgrades in Stanton, Michigan.
      119 N Camburn St, Stanton, MI 48888
      View Details
    • $299,000
      1,320 SF

      Established Flower Shop For Sale

      Turnkey flower shop with inventory, van, and updated systems included.
      224 W Main St, Stanton, MI 48888
      View Details
    • $190,000
      1,316 SF

      Ranch Home with Lake Access

      Three-bedroom, two-bathroom ranch with lake access and attached garage.
      105 Penny Ln, Stanton, MI 48888
      View Details
    • Contact for pricing
      1,316 SF

      Updated Ranch with Lake Access

      Three-bedroom ranch with lake access and recent updates.
      105 Penny Ln, Stanton, MI 48888
      View Details

    FAQs

    What type of property is this?
    Storefront property - 35.83 acres with buildings on high-traffic M-66 corridor.
    Where is this storefront property located?
    The property is located at 650 S State St Stanton, MI.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - High-traffic location on M-66 corridor with 35.83 acres of commercially zoned land.; - Includes a 7,724 sq ft main building, previously a sporting goods shop.; - **Features a 40x60 outbuilding with 5-inch concrete floors, 14' sidewalls, and 3-phase power.**
    (989) 763-4465
    Request Owner's contact information
    650 S State St Stanton, MI 48888
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    650 S State St
    Stanton, MI 48888
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    650 S State St Stanton, MI 48888
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lisa Reidt
    Lisa Reidt
    (989) 763-4465 (616) 791-1500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!