315 Market Ave Fremont, MI 49412
This exceptional retail investment opportunity presents a 41,325-square-foot vacant retail center situated on a 3-acre lot in Fremont, Michigan. The property, known as Fremont Retail Plaza, comprises two buildings and boasts high visibility from West Main Street (M-82), with a large pylon sign. The property benefits from an average daily traffic count of 19,044 vehicles. Its strategic location is adjacent to Tamarac Health, a significant rehabilitation facility, and surrounded by numerous national and local retailers and service businesses, including Dollar Tree, Dunham's, Glick's, Continental Rent-to-Own, McDonald's, Arby's, Taco Bell, Tractor Supply, and more, creating a strong retail environment and high traffic volume. The property's location within a densely populated area (98,598 people within a 20-mile radius) further enhances its investment potential. The recent purchase of an outlot by Tommy's Express Car Wash indicates strong future development prospects. The asking price is $250,000, translating to $1.91 per square foot. The property's address is 315 Market Ave, Fremont, MI 49412, with APN 13-34-400-079. This property offers significant potential for redevelopment or lease to new tenants, capitalizing on its prime location and strong surrounding demographics.
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
Physical attributes from public recordsZoning & alternative use
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.