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    2131 W Houghton Lake Dr Houghton Lake, MI 48629

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    For Lease
    Contact for pricing

    Retail space available within a Walmart shadow center.

    Property size:
    2,000 SF
    Lot size:
    5.70 Acres

    Property Features for 2131 W Houghton Lake Dr

    General Information

    Size
    2,000 SF
    Lot size
    5.70 Acres

    Source: MRP Capital Group Agent Austin Hannah

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Walmart Shadow

    This retail space is located in a Walmart shadow center that receives 1.9 million annual visits. Anchor tenants include Dollar Tree and Verizon Wireless. Nearby retailers include Home Depot, McDonald's, Pleasantrees, and O'Reilly Auto Parts. The property offers a space of 2000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Verizon Electronics Store Great Clips Beauty Salon check n go, ... Loan Agency The Salvation Army Thrift Store Wild Bill's Tobacco Vaporizer Store

    Suggested Use

    Realty agency Restaurant Hair Salon Clothing Store Building Supply Gym & Fitness Pharmacy Auto Repair Shop Wholesale Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houghton Lake
    County
    Roscommon
    State
    Michigan
    Longitude
    -84.7808
    Latitude
    44.329637

    Nearby Similar for Lease

    • $7 SF/Yr

      Retail Space in Village Square

      High-traffic retail space with strong tenant synergy in Houghton Lake.
      3491 W Houghton Lake Dr, Houghton Lake, MI 48629
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space available within a Walmart shadow center.
    Where is this strip mall located?
    The property is located at 2131 W Houghton Lake Dr Houghton Lake, MI.
    What are key features of this property?
    This property features: - Walmart Shadow Center location; - 1.9M Annual Visits; - Anchor Tenants: Dollar Tree and Verizon Wireless
    (314) 690-2777
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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
    2131 W Houghton Lake Dr Houghton Lake, MI 48629
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