This exceptional 3.24-acre commercial land parcel presents a prime development opportunity in Paw Paw, Michigan. Strategically located directly off I-94 at the Paw Paw exit, this property boasts unparalleled visibility and accessibility. Its commercial zoning allows for a wide range of uses, from hotels and restaurants to numerous other commercial ventures. The site benefits from its proximity to a newly constructed Sunoco gas station and convenience store, ensuring high traffic volume and a vibrant commercial environment. Utilities are readily available, making this site development-ready. The expansive lot size offers ample space for a variety of projects, capitalizing on the high traffic counts generated by its I-94 location and neighboring businesses. This is an exceptional opportunity for investors and developers seeking a high-impact location with significant growth potential in a thriving Michigan community. The property is located at 1 CR 665, Paw Paw, MI 49079, in Van Buren County. The asking price is $649,000.
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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