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    Specialty properties

    11390 Old, DeWitt, MI 48820

    2,592 SF 2 ac lot Built 1972
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2-acre commercial property, located at 11390 Old U.S. 27 in DeWitt, Michigan (zip code 48820), presents a unique investment opportunity. The 2,592 square foot building, constructed in 1972, sits on a spacious 2-acre lot and boasts a single story with permitted commercial zoning. Currently utilized as a landscape company, this versatile space offers significant potential for a variety of businesses. The property features a mix of retail and warehouse space, ideal for businesses requiring both storefront presence and storage capabilities. Its prime location on Old U.S. 27 provides excellent visibility and accessibility, ensuring high traffic volume. The asking price is $495,000, translating to $190.97 per square foot. This property is zoned for commercial use and offers a rare combination of size, location, and adaptability, making it an attractive proposition for discerning investors and entrepreneurs seeking a strong foothold in the DeWitt market. The property's Clinton County location provides easy access to major transportation routes, further enhancing its appeal. Don't miss this chance to acquire a substantial commercial property in a thriving Michigan community.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1972
    Total area 2,592 SF
    Lot 2 ac (87,120 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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