6708 Promenade St Rockford, MI 49341
This exceptional 0.21-acre commercial lot at 6708 Promenade Street in Rockford, MI, presents a truly unparalleled development opportunity. Completely improved and ready for immediate construction, this site boasts existing utilities and ample parking infrastructure, eliminating significant upfront development costs and timelines. Its strategic location within a vibrant, fully developed residential community of 166 homes guarantees a substantial built-in customer base, ensuring high visibility and consistent traffic. The property benefits from the presence of established anchor tenants, including a Ric's Food Center, which already generates significant foot traffic. Further enhancing the site's appeal is the upcoming arrival of a Bigby Drive Thru, slated to open Spring 2025, adding even more consumer draw. Additional medical offices in the area provide a diverse and stable customer demographic. Ideal for a variety of uses, including retail, dining establishments, or professional services, this lot offers exceptional potential for growth and profitability in a high-demand market. The property is priced at $295,000 and represents a rare chance to secure a prime location in a thriving community. Don't miss this opportunity to establish your business in this ready-to-build location. The site is fully improved and ready for immediate development.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.