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    OFF-MARKET
    Land

    931-935 State St, Davison, MI 48423

    2.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.6-acre commercial land parcel, located at 931-935 North State Street in Davison Township, Michigan, presents a compelling investment opportunity. Zoned C-3 General Commercial, this property offers significant potential for a variety of uses. A pre-existing plan for a mini-storage facility is available, though final approval from the city is required. The property's strategic location provides excellent visibility and accessibility, situated less than one mile from I-69, ensuring convenient access to major transportation routes. Its proximity to the downtown area further enhances its appeal, making it ideal for retail businesses or other commercial ventures. The asking price of $275,000 represents a highly competitive entry point into the Davison commercial real estate market. The lot size provides ample space for development, allowing for flexibility in design and construction. This property is a rare find, combining a desirable location with a low asking price and significant development potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The zip code is 48423.

    Property profile
    Verified
    Property type Land
    Lot 2.6 ac (113,256 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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