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    Carriage Cir Coldwater, MI 49036

    Sponsored
    For Sale
    $1,900,000

    10-Acre Shovel-Ready Commercial Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 10-acre commercial land parcel presents a remarkable development opportunity in the thriving city of Coldwater, Michigan. Located conveniently behind Meijer, this prime site boasts a highly desirable location with excellent visibility and accessibility. The property is completely ready for immediate development, offering significant time and cost savings for prospective buyers. All necessary infrastructure is in place, including completed streets and curb cuts, eliminating the need for extensive preliminary site work. Detailed architectural plans are available, outlining a comprehensive multi-housing development encompassing 216 units. This meticulously designed plan includes 198 two-bedroom, two-bathroom units, 12 one-bedroom units, and 6 townhomes. Each unit is thoughtfully designed with individual metering and a private outdoor deck. The development also incorporates 268 surface parking spaces and a dedicated outdoor recreation area. The flat and level terrain simplifies construction and maximizes usable space. Zoned for commercial use, this property is ideal for residential development, senior housing, or other compatible commercial ventures. Priced at $1,900,000, this shovel-ready site represents an unparalleled investment opportunity in a rapidly growing market. The property is situated in Branch County, Michigan, with the address listed as Carriage Cir, Coldwater, MI 49036.

    Property Features for 0 Carriage Cir

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre commercial land parcel in Coldwater, MI, ideally located behind Meijer.
    • Shovel‑ready site with completed streets and curb cuts, minimizing development costs and timelines.
    • Detailed architectural plans for a 216‑unit multi‑housing development (198 two‑bedroom/two‑bathroom, 12 one‑bedroom, 6 townhomes) with 268 parking spaces and recreation area.
    • Flat, level terrain, zoned for commercial use, suitable for residential, senior housing, or other compatible ventures.
    • Priced at $1,900,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Coldwater
    County
    Branch
    State
    Michigan
    Longitude
    -84.9659403
    Latitude
    41.9412663

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    FAQs

    What type of property is this?
    Land - 10-Acre Shovel-Ready Commercial Site
    Where is this land located?
    The property is located at Carriage Cir Coldwater, MI.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 10-acre commercial land parcel in Coldwater, MI, ideally located behind Meijer.; Shovel-ready site with completed streets and curb cuts, minimizing development costs and timelines.; Detailed architectural plans for a 216-unit multi-housing development (198 two-bedroom/two-bathroom, 12 one-bedroom, 6 townhomes) with 268 parking spaces and recreation area.
    (616) 254-0005
    Request Owner's contact information
    Carriage Cir Coldwater, MI 49036
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    Carriage Cir
    Coldwater, MI 49036
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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
    Carriage Cir Coldwater, MI 49036
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