Property summary
This exceptional 1,176 square foot industrial property presents a unique development opportunity in the thriving city of Midland, Michigan. Situated on a 0.6-acre lot, this strategically located site boasts significant frontage on Jerome (M-20), Indian (Bus 10), and Buttles streets, ensuring high visibility and accessibility. Average daily traffic counts range from 10,000 to 18,000 vehicles, depending on the specific intersection, providing unparalleled exposure for any future development. The property currently generates income via a small office space leased on a month-to-month basis, offering a potential revenue stream while development plans are finalized. This versatile property is zoned for mixed use, opening up a wide range of possibilities for redevelopment. Its prime location and high traffic volume make it an ideal investment for developers seeking a high-impact project in a dynamic market. The existing office building provides immediate income potential, allowing for a phased approach to development. This is a rare chance to acquire a highly visible and strategically located property in the heart of Midland, ready for its next chapter. The property's mixed-use zoning allows for a variety of development options, catering to a diverse range of potential uses. Don't miss this opportunity to capitalize on the potential of this exceptional location.
Property profile
VerifiedCap rate & NOI
Current use
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Employment Agency
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Publishing House
Location
Value estimations
Owner & transaction history
Zoning & alternative use
2. CC - Community Center District The purpose of the Community Center District is to provide for commercial and mixed-use developments that offer a broad range of goods and services to meet the convenience and comparison…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CC · Midland, MI2. CC - Community Center District The purpose of the Community Center District is to provide for commercial and mixed-use developments that offer a broad range of goods and services to meet the convenience and comparison…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
2. CC - Community Center District The purpose of the Community Center District is to provide for commercial and mixed-use developments that offer a broad range of goods and services to meet the convenience and comparison…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in Midland, MI.
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