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Shovel-Ready Commercial Lot Opportunity
For Sale
$295,000

6708 Promenade St, Rockford, MI 49341

Fully improved commercial lot with utilities and parking infrastructure.

Property SizeContact for details
Days on Market108

Property Features for 6708 Promenade St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,000

Building Details

Year Built 2014
Units 1
Listing Agency: Schermer Realty LLC
Listed By: David W Schermer · License #6502347370
Source: Elliman
Added: Apr 27 Changed: Aug 11 Last Checked: Aug 12 at 7:11AM

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 Schermer Realty LLC

Investment Insights

Based on property information with market context.

This is a prime opportunity to develop on a fully improved, shovel-ready commercial lot with utilities and parking infrastructure already in place. The site is strategically located within a vibrant community of 166 residential homes, ensuring a built-in customer base. Established anchor tenants drive consistent traffic to the area. These include Ric's Food Center (Established), Bigby Drive Thru (COMING SOON- Spring 2025), and medical offices. This lot is perfect for retail, dining, or professional services. The location has a walk score of 1, indicating it is car-dependent, and a bike score of 22, indicating it is somewhat bikeable.

Key Highlights

  • Shovel‑ready commercial lot with existing utilities and parking infrastructure.
  • Located within a sold‑out community of 166 residential homes, providing a built‑in customer base.
  • Established anchor tenant (Ric's Food Center) driving consistent traffic.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Bakery Garden Center

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

16
Businesses Nearby

Demographics for 49341, MI

38,250
Population
15,070
Households
2.5
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
84.5 sq mi
ZIP Area
453
Density / Sq Mi
$112,932
Median Household Income
$57,775
Median Earnings
$1,251
Median Rent
$347,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Fully improved commercial lot with utilities and parking infrastructure.
Where is this commercial land located?
The property is located at 6708 Promenade St Rockford, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Shovel‑ready commercial lot with existing utilities and parking infrastructure.; Located within a sold‑out community of 166 residential homes, providing a built‑in customer base.; Established anchor tenant (Ric's Food Center) driving consistent traffic.
More about this property
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