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    5157 Pickard St Mount Pleasant, MI 48858

    Sponsored
    For Sale
    $1,350,000

    4.78 acres, prime M-20 location. High visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.78-acre commercial land parcel presents a significant development opportunity in Mt. Pleasant, Michigan. Strategically located on M-20, the property boasts substantial road frontage, ensuring high visibility and accessibility for any future development. The asking price for the entire 4.78 acres is $1,350,000. This represents a substantial reduction compared to the premium pricing available for smaller, subdivided parcels. The property's address is 5157 E Pickard St, Mt Pleasant, MI 48858, situated within Isabella County. Its prime location and ample acreage make it ideal for a variety of commercial ventures, offering developers a unique chance to capitalize on a high-traffic area. The property's geographic coordinates are latitude 43.61165223423337 and longitude -84.74513279545323. Serious inquiries are encouraged to explore the potential of this exceptional development opportunity. The property is zoned for commercial use (further zoning verification is recommended).

    Property Features for 5157 Pickard St

    General Information

    Property type
    Land
    Lot Size
    208,217 SF

    HighLights

    • 4.78‑acre commercial land parcel in Mt. Pleasant, MI.
    • High visibility location on M‑20 with substantial road frontage.
    • Asking price: $1,350,000.
    • Address: 5157 E Pickard St, Mt Pleasant, MI 48858.
    • Commercially zoned (buyer to verify).
    Property Profile 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
    -84.745132795453
    Latitude
    43.611652234233

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    FAQs

    What type of property is this?
    Land - 4.78 acres, prime M-20 location. High visibility.
    Where is this land located?
    The property is located at 5157 Pickard St Mount Pleasant, MI.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 4.78-acre commercial land parcel in Mt. Pleasant, MI.; High visibility location on M-20 with substantial road frontage.; Asking price: $1,350,000.
    Request Owner's contact information
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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
    5157 Pickard St Mount Pleasant, MI 48858
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