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Retail/Service Land Outlot Opportunity
For Sale
$750,000

15861 W Michigan Ave, Marshall, MI 49068

Outlot parcel totals 1.87 acres and is zoned B-4 with nearby national and local retail tenants.

Property Size89,699 SF
Price / SF$8.36
Days on Market499

Property Features for 15861 W Michigan Ave

General Information

Standard status Active
Size 89,699 SF
Property subtype Land
Zoning B-4

Building Details

Building Size 89,699 SF
Year Built 1990
Stories 1
Listing Agency: NAI Farbman
Listed By: Ron Goldstone · License #6502102638
Source: Cpix.resimplifi
Added: Apr 25, 2025 Changed: Aug 10 Last Checked: Sep 5 at 3:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman

Investment Insights

Based on property information with market context.

Marshall Plaza outlot land is available for sale, positioned in a high-traffic area on Michigan Ave with easy access to I-69 and I-94. The parcel totals 1.87 acres, with total permitted building area of 0.92 acres and a maximum building size of 10,000 square feet.

The maximum building height is 24 feet. The property is zoned B-4, and it is described as adjacent to active and incoming tenants including Tractor Supply Co, Dollar Tree, and Volunteers of America Thrift Store.

This parcel offers a defined development envelope under the stated building area and height limits, suitable for buyers planning a ground-up retail or service concept aligned with B-4 zoning.

Key Highlights

  • Marshall Plaza outlot parcel totaling 1.87 AC
  • Zoned B‑4 with adjacent tenants including Tractor Supply Co, Dollar Tree, and Volunteers of America Thrift Store
  • Maximum building area of 10,000 SF and maximum building height of 24'

Property Analytics

Current Use

Rite Aid Photo (Bike/Boat/Book/etc) Store Jakes Fireworks Discount Store Sandy K. Daniels, ... Pharmacy Rite Aid Pharmacy Pharmacy Sears Appliance Repair Home Appliance Store

Suggested Use

Top Pick HVAC Service Electrical Service Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby

Demographics for 49068, MI

14,325
Population
6,901
Households
2.1
Avg Household Size
45
Median Age
36%
College-Educated
96%
High-School Grad
129.9 sq mi
ZIP Area
110
Density / Sq Mi
$78,476
Median Household Income
$47,198
Median Earnings
$904
Median Rent
$196,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Outlot parcel totals 1.87 acres and is zoned B-4 with nearby national and local retail tenants.
Where is this commercial land located?
The property is located at 15861 W Michigan Ave Marshall, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Marshall Plaza outlot parcel totaling 1.87 AC; Zoned B‑4 with adjacent tenants including Tractor Supply Co, Dollar Tree, and Volunteers of America Thrift Store; Maximum building area of 10,000 SF and maximum building height of 24'
More about this property
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