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Property profile

0 Cadillac Jct Cadillac, MI 49601

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

AI-generated overview

This exceptional 6.72-acre commercial lot presents a remarkable investment opportunity in Cadillac, Michigan. Located at the highly visible Cadillac Junction, this property benefits from its strategic position at the interchange of US 131 and M-55, ensuring high traffic visibility and accessibility. The lot is zoned COMMERCIAL, simplifying development plans. All municipal utilities are conveniently available on-site, eliminating infrastructure hurdles. A significant advantage is the pre-installed common storm water detention pond, a considerable cost saving for future development. Furthermore, a portion of a Class A road is already in place, streamlining site access and construction. The property is part of a larger development with various lot sizes available, ranging from 1.37 to 22.50 acres. This particular 6.72-acre parcel is largely level and ready for immediate construction, minimizing site preparation costs. The asking price is $750,000, translating to a price per unit of $111,607. The property's APN is 10-099-00-032-03. This is an ideal location for retail development seeking high visibility and convenient access in a thriving Michigan community. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area.

Property profile

Verified
Property type Retail properties & Spaces
Lot 6.72 ac (292,723 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

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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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