0 V/L Marine City Hwy Casco, MI 48064
This exceptional commercial land offering in Casco, Michigan presents a unique investment opportunity. Comprising two parcels totaling 20 acres, this property boasts excellent accessibility and visibility. Parcel One, approximately 5 acres, measures 322 feet of frontage and 675 feet deep, situated between 9276 and 9222 Marine City Highway, conveniently located 4 miles east of I-94 Expressway Exit (Marine City Highway). Parcel Two encompasses 15 acres with Meldrum Road frontage, just north of 5966 Meldrum Road, featuring 247.50 feet of frontage and a depth of 2640 feet. The 15-acre parcel adjoins the 5-acre parcel at its southwest corner. The combined parcels offer significant development potential, given their size and strategic location. The property's APN numbers are 74-12-033-3008-100 and 74-12-033-3006-000. The asking price is $610,000, with combined 2024 property taxes totaling $758.36. This property is ideal for a variety of commercial uses and represents a compelling investment in a desirable location. Serious inquiries only.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.