Technical
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Property profile

0 Cadillac Jct Cadillac, MI 49601

OFF-MARKET
Land
2.31 ac lot
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Property summary

AI-generated overview

This exceptional 2.31-acre commercial lot, identified as Lot C at Cadillac Junction, presents a remarkable investment opportunity. Situated at the strategic interchange of US 131 and M-55 in Hoxeyville, Michigan (zip code 49601), this property boasts a prime location within a burgeoning new development. The lot is zoned COMMERCIAL, ensuring flexibility for a wide range of commercial ventures. All municipal utilities are conveniently available on-site, eliminating costly infrastructure development. A significant advantage is the presence of a shared stormwater detention pond, already constructed for the entire development, minimizing individual site preparation costs. Furthermore, a portion of a Class A road is already in place, streamlining access and construction. The lot is essentially level and ready for immediate development, saving time and resources. With an asking price of $550,000, this represents a land value of $238,095 per acre. The property's APN is 10-099-00-032-03. This is a rare opportunity to acquire a well-situated, fully-serviced commercial lot in a rapidly growing area. Don't miss this chance to establish your business in a high-traffic, highly visible location. Contact us today to learn more about this exceptional property and its potential.

Property profile

Verified
Property type Land
Lot 2.31 ac (100,624 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cadillac Jct Cadillac, MI 49601
Cadillac metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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