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    I-69 And M-52 Perry, MI 48872

    Sponsored
    For Sale
    $349,000

    High-traffic Perry, MI commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.44-acre commercial land parcel presents a prime investment opportunity in Perry, Michigan. Strategically located at the intersection of I-69 and M-52, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The B1 Commercial Business zoning allows for a wide range of uses, including, but not limited to, highway-service businesses. Its advantageous position on an entrance ramp offers unparalleled exposure to a high volume of daily traffic. The property's adjacency to a Burger King further enhances its desirability, with a shared ingress/egress system simplifying access and improving traffic flow. The asking price is $349,000, translating to approximately $242,361 per acre. This represents a significant opportunity to acquire a well-situated commercial lot in a thriving area with high traffic counts and excellent visibility. The property's location and zoning make it particularly suitable for businesses that benefit from high traffic volume and convenient access from a major highway. Given its size and location, this property is well-suited for development and offers substantial potential for return on investment. The property is located in Shiawassee County, Michigan, with a zip code of 48872.

    Property Features for I-69 And M-52

    General Information

    Property type
    Land
    Lot Size
    62,726 SF

    HighLights

    • 1.44‑acre commercial land parcel in Perry, MI.
    • $399,000 sale price.
    • B1 Commercial Business zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Perry
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.2279801
    Latitude
    42.8051198

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    FAQs

    What type of property is this?
    Land - High-traffic Perry, MI commercial lot.
    Where is this land located?
    The property is located at I-69 And M-52 Perry, MI.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: 1.44-acre commercial land parcel in Perry, MI.; $399,000 sale price.; B1 Commercial Business zoning.
    Request Owner's contact information
    I-69 And M-52 Perry, MI 48872
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    Perry, MI 48872
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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
    I-69 And M-52 Perry, MI 48872
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