Property summary
This exceptional 2-acre commercial property in Owendale, Michigan, presents a unique investment opportunity. Previously utilized for multifamily apartments, the site retains existing apartment footings and a paved parking lot, providing a solid foundation for various development projects. The expansive acreage offers ample space for a diverse range of uses, including self-storage facilities, boat and RV storage, or other commercial ventures requiring significant outdoor space. The property's existing infrastructure significantly reduces initial development costs. The seller will remove a shed located on the property prior to closing. This property is priced affordably at $20,000, making it an attractive proposition for investors seeking a high-return opportunity in a desirable location. The existing parking lot and apartment footings offer significant cost savings for future development. The land's size and location make it suitable for a variety of commercial uses, offering flexibility and potential for substantial returns. This is a rare opportunity to acquire a sizeable commercial parcel in Owendale at an exceptionally competitive price. Act quickly to secure this promising investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.