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    601 Allegan St Plainwell, MI 49080

    Sponsored
    For Lease
    Contact for pricing

    Build-to-suit or land lease opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a rare opportunity in the thriving Plainwell submarket. Comprising two parcels totaling 0.533 acres, this property boasts excellent visibility and accessibility. The larger parcel measures 110 feet of frontage along Allegan Street by 132 feet deep, encompassing 0.333 acres. The second parcel, situated at 66 feet of frontage by 132 feet deep, adds another 0.20 acres to the total. The strategic corner location provides a high-traffic stoplight access point, ensuring maximum exposure for any development. Its proximity to Interstate 131 (within a quarter-mile) offers unparalleled convenience for commuters and businesses alike. The property is currently vacant, presenting a blank canvas for build-to-suit projects or land lease arrangements. Zoned for commercial use, this land is ideally suited for a variety of ventures. The APN numbers are 55-190-056-00 and 55-190-058-00. This property is situated within the Plainwell, Otsego, Allegan, and Kalamazoo submarket cluster, offering access to a robust regional economy and diverse customer base. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area. The cross street is Prince Street.

    Property Features for 601 Allegan St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 0.533‑acre commercial land parcel in Plainwell.
    • Two parcels totaling 0.533 acres, with dimensions of 110' frontage x 132' depth (0.333 acres) and 66' frontage x 132' depth (0.2 acres).
    • Corner lot with stoplight access.
    • Located less than a quarter mile from I‑131.
    • Zoned Commercial; suitable for build‑to‑suit or land lease opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainwell
    County
    Allegan
    State
    Michigan
    Longitude
    -85.651720763826
    Latitude
    42.446884609018

    Nearby Comparable

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    Nearby Similar for Lease

    • $9 SF/Yr
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      Commercial Space in Plainwell, Michigan

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      Mixed-Use Building in Downtown Plainwell

      2,400 SF mixed-use building in the heart of Plainwell.
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      Prime Plainwell Office Space

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      1289 M-89, Plainwell, MI 49080
      View Details

    FAQs

    What type of property is this?
    Land - Build-to-suit or land lease opportunity.
    Where is this land located?
    The property is located at 601 Allegan St Plainwell, MI.
    What are key features of this property?
    This property features: 0.533-acre commercial land parcel in Plainwell.; Two parcels totaling 0.533 acres, with dimensions of 110' frontage x 132' depth (0.333 acres) and 66' frontage x 132' depth (0.2 acres).; Corner lot with stoplight access.
    Request Owner's contact information
    601 Allegan St Plainwell, MI 49080
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    Plainwell, MI 49080
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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
    601 Allegan St Plainwell, MI 49080
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