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    3071 Worth Rd Standish, MI 48658

    Sponsored
    For Sale
    $98,000

    Prime Commercial Land, Endless Potential

    Property size:
    1,964 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1-acre commercial property in Standish, Michigan, presents a unique investment opportunity. Located at 3071 Worth Rd, 48658, this historic school building, built in 1900, offers 1,964 square feet of space, currently gutted to the studs. The asking price is $98,000, translating to $49.90 per square foot. Its prime location adjacent to a casino ensures high traffic and visibility, making it ideal for a variety of commercial ventures. The property's historical character combined with its strategic location offers significant redevelopment potential. Imagine transforming this building into a thriving business, capitalizing on the area's bustling activity. Alternatively, the property could be repurposed for residential use, such as a vacation rental property (VRBO). The possibilities are truly endless for this versatile property, offering a blank canvas for a creative entrepreneur or investor. The property is situated in Arenac County, Michigan, and benefits from its convenient location and high visibility. This is a rare opportunity to acquire a piece of history with significant upside potential. Don't miss out on this chance to own a piece of Standish's rich heritage and vibrant commercial landscape.

    Property Features for 3071 Worth Rd

    General Information

    Property type
    Land
    Square Feet
    1,964 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1900

    HighLights

    • $98,000 asking price for 1 acre of commercial land.
    • 1,964 square feet, priced at $49.90 per square foot.
    • Built in 1900, located at 3071 Worth Rd, Standish, MI 48658.
    • Former school building, gutted and ready for redevelopment.
    • Excellent location near a casino in a high‑traffic area; potential for commercial or residential (VRBO) conversion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Standish
    County
    Arenac
    State
    Michigan
    Longitude
    -83.929371
    Latitude
    43.9246464

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Endless Potential
    Where is this land located?
    The property is located at 3071 Worth Rd Standish, MI.
    What is the asking price?
    The asking price for this property is $98,000.
    What are key features of this property?
    This property features: $98,000 asking price for 1 acre of commercial land.; 1,964 square feet, priced at $49.90 per square foot.; Built in 1900, located at 3071 Worth Rd, Standish, MI 48658.
    (989) 671-1791
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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
    3071 Worth Rd Standish, MI 48658
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