21 Acres Scottville, MI 49454
This exceptional 21.21-acre industrial property boasts a highly desirable location on US-10/US-31, between Ludington and Scottville, Michigan. The site offers over 800 feet of frontage on US-10, placing it just a half-mile from the crucial US-10/31 interchange, ensuring high visibility and accessibility. The land itself is characterized by rolling hills and some wooded areas, presenting a versatile canvas for development. Zoned C3 – Mixed Use Commercial, this property offers a wide range of development possibilities. Permitted uses include single or multi-family housing, outdoor recreation facilities, and religious institutions. Furthermore, the zoning allows for a variety of commercial ventures, such as clinics, professional offices, and care facilities. Detailed zoning information can be found in the listing attachment or by consulting the Masoncounty.net zoning ordinance. The property is conveniently located east of the Scottville cemetery, on the south side of US-10. A significant advantage is the availability of city water at the roadside, provided by the City of Scottville, simplifying infrastructure development. This prime location and flexible zoning make this a truly unique opportunity for investors and developers seeking a high-impact project in a thriving area. The asking price is $250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.