I-69 And M-52 Perry, MI 48872
This exceptional 1.44-acre commercial land parcel presents a prime investment opportunity in Perry, Michigan. Strategically located at the intersection of I-69 and M-52, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The B1 Commercial Business zoning allows for a wide range of uses, including, but not limited to, highway-service businesses. Its advantageous position on an entrance ramp offers unparalleled exposure to a high volume of daily traffic. The property's adjacency to a Burger King further enhances its desirability, with a shared ingress/egress system simplifying access and improving traffic flow. The asking price is $349,000, translating to approximately $242,361 per acre. This represents a significant opportunity to acquire a well-situated commercial lot in a thriving area with high traffic counts and excellent visibility. The property's location and zoning make it particularly suitable for businesses that benefit from high traffic volume and convenient access from a major highway. Given its size and location, this property is well-suited for development and offers substantial potential for return on investment. The property is located in Shiawassee County, Michigan, with a zip code of 48872.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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