Property profile

Tbd M-72 Williamsburg, MI 49690

OFF-MARKET
Retail properties & Spaces
0.83 ac lot
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Property summary

AI-generated overview

This exceptional 0.83-acre commercial parcel presents a prime development opportunity in the thriving Williamsburg, MI area. Boasting 155 feet of frontage on M-72 and situated just 400 feet east of the US-31 intersection, this flat, buildable lot enjoys unparalleled visibility and accessibility. The property benefits from a high daily traffic count of 16,437 vehicles, ensuring maximum exposure for any commercial venture. Its strategic location places it in close proximity to major attractions and amenities, including the Grand Traverse Resort, Meijer, Turtle Creek Casino, and Flintfields Horse Park, a renowned equestrian destination. The C-Corridor Commercial zoning allows for a diverse range of uses, encompassing retail, restaurant, office, mixed-use, and multifamily developments. A drive-thru option is available as a special use permit. Infrastructure is already in place, with an existing M-72 curb cut and convenient rear access from Huffman Road. An existing billboard on the property generates additional income potential, or can be removed upon obtaining a building permit. This is a rare opportunity to acquire a highly desirable development site in a rapidly growing area with exceptional visibility and access. Don't miss this chance to capitalize on the significant potential of this prime location.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.83 ac (36,155 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd M-72 Williamsburg, MI 49690
Williamsburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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