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    5170 Rifle River Trl Alger, MI 48610

    Sponsored
    For Sale
    $290,000

    Prime Riverfront Location, High Traffic Area

    Property size:
    3,474 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 5170 Rifle River in Alger, Michigan, presents a unique investment opportunity. Boasting over 3,400 square feet of prime commercial space in a brick and mortar building, this property sits on a generous 4.59-acre lot. A significant advantage is the premium road frontage exceeding 500 feet along the Rifle River Trail, ensuring high visibility and accessibility. The property's strategic location places it directly across the road from a township park, providing convenient access to recreational amenities and attracting significant foot traffic. Furthermore, the proximity to the beautiful Lake Ogemaw and its residents, just a short drive towards M-55 and the county fairgrounds, guarantees a consistent flow of potential customers. This high-traffic area is ideal for a diverse range of businesses, offering substantial potential for growth and profitability. The building's substantial size and prime location make it an attractive prospect for entrepreneurs seeking a well-established presence in a thriving community. The property's combination of size, location, and visibility makes it a truly exceptional commercial opportunity. This is a rare chance to acquire a significant commercial property in a desirable location with excellent potential for a variety of business ventures. Don't miss this chance to establish your business in a vibrant and growing area.

    Property Features for 5170 Rifle River Trl

    General Information

    Property type
    Investment properties
    Square Feet
    3,474 SF
    Lot Size
    199,940 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Primary Care Medical Clinic Deborah Richardson Nurse Practitioner Hickman David MD Doctor Anderson Delinah M Nursing Agency

    Suggested Use

    Building Supply Dental Office Auto Repair Shop Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Alger
    County
    Ogemaw
    State
    Michigan
    Longitude
    -84.06828
    Latitude
    44.18387

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    FAQs

    What type of property is this?
    Investment property - Prime Riverfront Location, High Traffic Area
    Where is this investment property located?
    The property is located at 5170 Rifle River Trl Alger, MI.
    What is the asking price?
    The asking price for this property is $290,000.
    (989) 701-2011
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    5170 Rifle River Trl Alger, MI 48610
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    Realmo Value Estimation

    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.

    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.

    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
    5170 Rifle River Trl Alger, MI 48610
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