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    OFF-MARKET
    Land

    at Business US 27 Townsend Rd, Saint Johns, MI 48879

    1.57 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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