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    580 State Rd Vassar, MI 48768

    Sponsored
    For Sale
    $219,900

    Prime Vassar development land, city utilities available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2.78-acre commercial land parcel, located at 580 State Rd, Vassar, MI 48768 (APN: 051-018-000-589), presents a unique investment opportunity. Zoned for commercial use, this property offers significant potential for various development projects. The land boasts convenient frontage on two roads, ensuring excellent accessibility and visibility. All city utilities are readily available, simplifying the development process. This property has never been built upon, providing a clean slate for your vision. A survey indicates the land is also divisible, offering flexibility for smaller-scale projects. The asking price is $219,900, translating to a land value of $1.82 per square foot. Please note that the sale is subject to a restriction prohibiting the use of the property for cannabis or marijuana cultivation. This prime location in Tuscola County, Michigan, offers a compelling opportunity for businesses seeking a strategic foothold in a growing area. Serious inquiries are encouraged.

    Property Features for 580 State Rd

    General Information

    Property type
    Land
    Lot Size
    121,097 SF

    HighLights

    • 2.78‑acre commercial land parcel in Vassar, MI.
    • Zoned for commercial use with excellent accessibility and visibility due to frontage on two roads.
    • All city utilities available; never been built upon.
    • Divisible land, offering flexibility for various development projects.
    • $219,900 asking price ($1.82/sq ft); no cannabis cultivation permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Vassar
    County
    Tuscola
    State
    Michigan
    Longitude
    -83.5806798
    Latitude
    43.3612882

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    FAQs

    What type of property is this?
    Land - Prime Vassar development land, city utilities available.
    Where is this land located?
    The property is located at 580 State Rd Vassar, MI.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: 2.78-acre commercial land parcel in Vassar, MI.; Zoned for commercial use with excellent accessibility and visibility due to frontage on two roads.; All city utilities available; never been built upon.
    Request Owner's contact information
    580 State Rd Vassar, MI 48768
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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
    580 State Rd Vassar, MI 48768
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