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    5165 Pickard St Mount Pleasant, MI 48858

    For Sale
    $1,350,000

    Prime development land, M-20 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4.78-acre parcel of commercial land is strategically located on M-20 in Mt. Pleasant, Michigan, within Isabella County. The property boasts significant road frontage, ensuring high visibility and accessibility for any future development. Zoned for commercial use (verification required by buyer), this site presents a rare opportunity for businesses seeking a prominent location with excellent exposure. The asking price of $1,350,000 reflects the significant value of this prime real estate. The address is 5165 E Pickard Street, Mt. Pleasant, MI 48858. This location offers easy access to major transportation routes and is situated in a thriving commercial area. Serious inquiries are encouraged to explore the potential of this exceptional development opportunity. The property's size and location make it ideal for a variety of commercial ventures, from retail spaces to office buildings. Further due diligence is recommended to confirm zoning and development possibilities. This is a unique chance to acquire a substantial piece of commercial land in a desirable Michigan location.

    Property Features for 5165 Pickard St

    General Information

    Property type
    Land
    Lot Size
    208,217 SF

    HighLights

    • $1,350,000 asking price for the entire 4.78‑acre parcel.
    • 4.78 acres of prime commercial land.
    • Located at 5165 E Pickard Street, Mt. Pleasant, MI 48858.
    • High visibility location on M‑20 in Mt. Pleasant, Michigan.
    • Excellent development opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Isabella
    State
    Michigan
    Longitude
    -84.745132795453
    Latitude
    43.611652234233

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    FAQs

    What type of property is this?
    Land - Prime development land, M-20 frontage.
    Where is this land located?
    The property is located at 5165 Pickard St Mount Pleasant, MI.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: $1,350,000 asking price for the entire 4.78-acre parcel.; 4.78 acres of prime commercial land.; Located at 5165 E Pickard Street, Mt. Pleasant, MI 48858.
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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
    5165 Pickard St Mount Pleasant, MI 48858
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