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    931-935 State St Davison, MI 48423

    For Sale
    $275,000

    Prime 2.6-acre commercial lot in Davison, MI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.6-acre commercial land parcel, located at 931-935 North State Street in Davison Township, Michigan, presents a compelling investment opportunity. Zoned C-3 General Commercial, this property offers significant potential for a variety of uses. A pre-existing plan for a mini-storage facility is available, though final approval from the city is required. The property's strategic location provides excellent visibility and accessibility, situated less than one mile from I-69, ensuring convenient access to major transportation routes. Its proximity to the downtown area further enhances its appeal, making it ideal for retail businesses or other commercial ventures. The asking price of $275,000 represents a highly competitive entry point into the Davison commercial real estate market. The lot size provides ample space for development, allowing for flexibility in design and construction. This property is a rare find, combining a desirable location with a low asking price and significant development potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The zip code is 48423.

    Property Features for 931-935 State St

    General Information

    Property type
    Land
    Lot Size
    113,256 SF

    HighLights

    • 2.6‑acre parcel zoned C‑3 General Commercial.
    • Existing mini‑storage plan available; city approval needed.
    • Less than one mile from I‑69.
    • Excellent downtown Davison location.
    • Suitable for retail development.
    • Attractive asking price: $275,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Davison
    County
    Davison
    State
    Michigan
    Longitude
    -83.519456
    Latitude
    43.04161

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    FAQs

    What type of property is this?
    Land - Prime 2.6-acre commercial lot in Davison, MI.
    Where is this land located?
    The property is located at 931-935 State St Davison, MI.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 2.6-acre parcel zoned C-3 General Commercial.; Existing mini-storage plan available; city approval needed.; Less than one mile from I-69.
    (248) 848-1292
    Request Owner's contact information
    931-935 State St Davison, MI 48423
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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
    931-935 State St Davison, MI 48423
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