Property profile

at Business US 27 Townsend Rd Saint Johns, MI 48879

OFF-MARKET
Land
1.57 ac lot
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Property summary

AI-generated overview

This exceptional 1.57-acre commercial land parcel presents a remarkable investment opportunity in the thriving southern shopping district of Saint Johns, Michigan. Located at the highly visible, signalized corner of East Townsend Road and Business US-27, this property boasts unparalleled visibility and accessibility. The site is zoned C-2 Commercial and offers an approved plan for a 7,850 square foot building, complete with a drive-through. The asking price is $450,000, translating to $6.58 per square foot. This strategic location places the property directly across from a significant 77,000 square foot retail center and near numerous national retailers, ensuring high traffic volume and strong consumer demographics. A large pylon sign is included, further enhancing visibility and branding opportunities. The property's APN is 030-015-300-090-05. This is an ideal site for a variety of retail uses, capitalizing on its prime location and existing approvals, making it a truly exceptional investment opportunity in a rapidly growing market. The property is situated in Clinton County, Michigan, with a zip code of 48879. This location offers easy access to major roadways and a strong customer base. Don't miss this chance to acquire a highly desirable commercial property in a prime retail location.

Property profile

Verified
Property type Land
Lot 1.57 ac (68,389 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

at Business US 27 Townsend Rd Saint Johns, MI 48879
Saint Johns metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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