Technical
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Property profile

0 Cadillac Jct Cadillac, MI 49601

OFF-MARKET
Land
10.06 ac lot
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Property summary

AI-generated overview

This exceptional 10.06-acre commercial land parcel presents a remarkable investment opportunity in Cadillac, Michigan. Strategically located at the high-traffic intersection of US 131 and M-55 within the burgeoning Cadillac Junction development, this property boasts a prime location for businesses seeking high visibility and accessibility. The land is zoned for commercial use, ensuring a wide range of development possibilities. All municipal utilities are conveniently available on-site, eliminating costly infrastructure hurdles. A significant advantage is the already-installed common storm water detention pond, streamlining the development process and reducing upfront costs. Furthermore, a portion of a Class A road is already in place, providing immediate access and enhancing the site's appeal. The property is essentially level and ready for construction, minimizing site preparation expenses. With a total asking price of $1,730,000, this translates to an attractive price per acre of $171,968. The APN is 10-099-00-032-03. This is a rare opportunity to acquire a well-situated, fully-serviced commercial lot in a rapidly growing area. Don't miss this chance to secure a prominent position in the thriving Cadillac Junction development.

Property profile

Verified
Property type Land
Lot 10.06 ac (438,214 SF)

Cap rate & NOI

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

Location

Cadillac Jct Cadillac, MI 49601
Cadillac metro
Google Maps

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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