Property profile

11390 Old DeWitt, MI 48820

OFF-MARKET
Specialty properties
2,592 SF 2 ac lot Built 1972
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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

Location

11390 Old DeWitt, MI 48820
DeWitt metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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