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    835 Chicago St Coldwater, MI 49036

    Sponsored
    For Sale
    $500,000

    6.3 Acres Near Home Depot & Meijer

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 6.3-acre commercial land parcel presents a remarkable investment opportunity in Coldwater, Michigan. Strategically located at 835 E Chicago St, 49036, this property boasts a high-traffic location between Home Depot and Meijer, experiencing over 20,000 vehicles per day on East Chicago Street. Its prime position offers unparalleled visibility and accessibility for potential businesses. The expansive lot size provides significant flexibility for development, accommodating a variety of commercial projects. Conceptual plans could include a 25,000 square foot junior box retail building adjacent to Home Depot, or a multi-tenant strip center, or even a self-storage facility. The property's size and location make it ideal for a range of uses, catering to the needs of a growing community and thriving retail corridor. The asking price for this exceptional development opportunity is $500,000. Don't miss this chance to acquire a highly desirable commercial land parcel in a bustling retail environment. The property is zoned for commercial use (verification recommended). Detailed site plans and development feasibility studies are available upon request. This is a rare opportunity to secure a significant presence in a high-demand area.

    Property Features for 835 Chicago St

    General Information

    Property type
    Land
    Lot Size
    274,428 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Prestige Staffing Agency ... Employment Agency Western Union Money Transfer Service Prestige Staffing Agency Employment Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Coldwater
    County
    Branch
    State
    Michigan
    Longitude
    -84.96521825
    Latitude
    41.93639878

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    FAQs

    What type of property is this?
    Land - 6.3 Acres Near Home Depot & Meijer
    Where is this land located?
    The property is located at 835 Chicago St Coldwater, MI.
    What is the asking price?
    The asking price for this property is $500,000.
    Request Owner's contact information
    835 Chicago St Coldwater, MI 49036
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    Coldwater, MI 49036
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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
    835 Chicago St Coldwater, MI 49036
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