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    Cadillac Jct Cadillac, MI 49601

    Sponsored
    For Sale
    $795,000

    4.7-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.7-acre commercial lot is situated at the highly visible Cadillac Junction, the interchange of US 131 and M-55 in Cadillac, Michigan (49601). Zoned for commercial use, this Class A property (APN: 10-099-00-032-03) presents a unique opportunity for retail development. The site benefits from readily available municipal utilities, and is part of a larger development featuring a completed common storm water detention pond and a portion of a Class A road already in place. This significantly reduces infrastructure costs and accelerates the development timeline. The lot is largely level and ready for immediate construction, making it ideal for retail or retail-pad projects. The asking price is $795,000, translating to $169,148 per acre. Financing options may include cash to seller or a purchase money mortgage. This property offers unparalleled access and visibility, making it an exceptional investment opportunity in a growing market. The site's location at a major highway interchange ensures high traffic volume and excellent exposure for any retail venture. All necessary infrastructure is in place, minimizing upfront development costs and maximizing return on investment. Don't miss this chance to secure a prime piece of commercial real estate in a thriving Michigan community.

    Property Features for 0 Cadillac Jct

    General Information

    Property type
    Retail properties
    Class
    A
    Lot Size
    204,732 SF

    HighLights

    • Listing ID: 30561500
    • Status: Active
    • Vacant land for sale, 4.7 acres.
    • Suitable for retail or retail pad development.
    • Asking price: $795,000 ($169,148/acre).
    • Financing options: Cash or seller financing (Purchase Money Mortgage).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.3949412
    Latitude
    44.2296361

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    FAQs

    What type of property is this?
    Retail property - 4.7-Acre Commercial Lot, Prime Location
    Where is this retail property located?
    The property is located at Cadillac Jct Cadillac, MI.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Listing ID: 30561500; Status: Active; Vacant land for sale, 4.7 acres.
    (616) 242-1104
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    Cadillac Jct Cadillac, MI 49601
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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
    Cadillac Jct Cadillac, MI 49601
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