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Property profile & analytics
FOR SALE
Commercial real estate

730 W Houghton Lake Dr Prudenville, MI 48651

1.39 ac lot
Entity Owned 20-yr Hold Free & Clear
Property ID
US43-3792160
Property summary
AI-generated overview

This exceptional business opportunity in Prudenville, Michigan, presents a rare chance to acquire a high-visibility commercial property. Located at 730 W Houghton Lake, this 3,059 square foot building sits on a 1.4-acre lot, boasting an enviable position on a prominent corner with a stoplight. The property's strategic location directly across from a Walgreens pharmacy ensures significant foot and vehicle traffic, providing unparalleled exposure for any business. The high visibility afforded by this location is a key advantage for attracting customers and building brand awareness. Furthermore, an adjacent vacant lot is available, offering potential for expansion or additional development, providing flexibility for future growth and adaptation to evolving business needs. The property's size and location make it suitable for a wide range of commercial ventures, from retail establishments to service-based businesses. This is a truly unique opportunity to establish a thriving business in a high-traffic area with excellent visibility and potential for future expansion. The asking price is $639,000. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.39 ac (60,548 SF)
APN 003-541-183-0000
UPID US43-3792160
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Real Estate Entities LLC · 20 yrs held
Real Estate Entities LLC
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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