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    Parcel B Plett Rd Cadillac, MI 49601

    For Sale
    $60,000

    Prime Cadillac commercial lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.7-acre commercial lot, located at Plett Rd Parcel B in Cadillac, Michigan (APN 2209-SAE-02), presents a unique investment opportunity. Zoned for commercial use, this cleared and level parcel is ideally situated for immediate development. The asking price is $60,000, translating to a price per unit of $85,714. The property benefits from its location on Plett Rd, a main connector to Cadillac's north end, ensuring high traffic visibility and exposure to a thriving business community. Existing businesses in the immediate vicinity demonstrate a strong and active commercial presence. This lot is available for purchase as a standalone property, but also offers the potential for combination with two other adjacent parcels, providing significant expansion opportunities for larger-scale projects. The property's flat, cleared nature minimizes site preparation costs, accelerating the development timeline and maximizing return on investment. This is an excellent opportunity for businesses seeking a high-visibility location in a growing area of Cadillac, Michigan, zip code 49601. The property's coordinates are latitude 44.2701015 and longitude -85.396455.

    Property Features for Parcel B Plett Rd

    General Information

    Property type
    Land
    Lot Size
    30,492 SF

    HighLights

    • $60,000 asking price for 0.7‑acre commercial land parcel.
    • Located in Cadillac, MI, with a Wexford County address (APN 2209‑SAE‑02).
    • Zoned for commercial use.
    • Level, cleared lot ready for development; high traffic count on Plett Rd.
    • Potential for combination with two other parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.396455
    Latitude
    44.2701015

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    FAQs

    What type of property is this?
    Land - Prime Cadillac commercial lot, ready for development.
    Where is this land located?
    The property is located at Parcel B Plett Rd Cadillac, MI.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: $60,000 asking price for 0.7-acre commercial land parcel.; Located in Cadillac, MI, with a Wexford County address (APN 2209-SAE-02).; Zoned for commercial use.
    Request Owner's contact information
    Parcel B Plett Rd Cadillac, MI 49601
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    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
    Parcel B Plett Rd Cadillac, MI 49601
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