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Property profile

0 Cadillac Jct Cadillac, MI 49601

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

AI-generated overview

This exceptional 11.86-acre commercial land parcel presents a remarkable investment opportunity in Cadillac, Michigan. Located at the highly visible Cadillac Junction, the property benefits from its strategic position at the interchange of US 131 and M-55, ensuring high traffic volume and excellent visibility. The site is zoned for commercial use, making it ideal for a wide range of retail developments. All municipal utilities are conveniently located at the site, simplifying construction and reducing development costs. A significant advantage is the pre-installed common stormwater detention pond, eliminating a major hurdle in the development process. Furthermore, a portion of a Class A road is already in place, further streamlining the construction timeline and reducing infrastructure expenses. The lot is largely level and ready for immediate development, minimizing site preparation needs. This property, identified by APN 10-099-00-032-03, offers a unique chance to capitalize on the growing commercial activity in Cadillac. The asking price for this exceptional 11.86-acre parcel is $2,000,000. This represents a significant opportunity for investors seeking a well-located, ready-to-develop commercial site in a thriving Michigan market. The property is situated in Wexford County, with a Cadillac, MI 49601 mailing address.

Property profile

Verified
Property type Retail properties & Spaces
Lot 11.86 ac (516,622 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
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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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