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    5165 Pickard St Mount Pleasant, MI 48858

    For Sale
    $550,000

    2.07 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.07-acre commercial land parcel presents a remarkable development opportunity in the thriving Mount Pleasant, Michigan market. Located at 5165 E Pickard St, in Isabella County, zip code 48858 (43.61164845257634, -84.74469257519128), this property is ideally situated for a variety of commercial ventures. The asking price is $550,000. The zoning allows for diverse development options, including commercial, retail, hotel, restaurant, or mixed-use projects, subject to township approvals. This prime location offers significant potential for high returns on investment. Note that a neighboring 2.71-acre parcel is also available for purchase, presenting an opportunity for a larger-scale development. The combined purchase price for both parcels is $1,350,000. This is a rare chance to acquire a substantial piece of land in a dynamic and growing area. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is currently listed at a reduced price of $550,000, making it an even more attractive investment opportunity.

    Property Features for 5165 Pickard St

    General Information

    Property type
    Land
    Lot Size
    90,169 SF

    HighLights

    • 2.07‑acre commercial land parcel in Mount Pleasant, MI.
    • Located at 5165 E Pickard St, Isabella County, 48858.
    • Zoned for diverse commercial development (retail, hotel, restaurant, mixed‑use).
    • Asking price: $550,000.
    • Adjacent 2.71‑acre parcel available for combined purchase at $1,350,000.
    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
    -84.744692575191
    Latitude
    43.611648452576

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    FAQs

    What type of property is this?
    Land - 2.07 Acres, Prime Development Site
    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 $550,000.
    What are key features of this property?
    This property features: 2.07-acre commercial land parcel in Mount Pleasant, MI.; Located at 5165 E Pickard St, Isabella County, 48858.; Zoned for diverse commercial development (retail, hotel, restaurant, mixed-use).
    Request Owner's contact information
    5165 Pickard St Mount Pleasant, MI 48858
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    Mount 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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