Technical
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Property profile

0 Cadillac Jct Cadillac, MI 49601

OFF-MARKET
Land
9.74 ac lot
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Property summary

AI-generated overview

This exceptional 9.74-acre commercial land parcel presents a remarkable opportunity for development at the highly visible Cadillac Junction in Cadillac, Michigan. Located at the strategic intersection of US 131 and M-55, this site benefits from exceptional visibility and convenient access for businesses. The property is zoned for commercial use, ensuring flexibility for a wide range of development projects. All municipal utilities are readily available, eliminating significant infrastructure hurdles. A significant advantage is the pre-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, further enhancing accessibility and reducing site preparation expenses. The lot is largely level and ready for immediate construction, minimizing delays and maximizing return on investment. The parcel is identified by APN 10-099-00-032-03 and is offered at $995,000, translating to $111,607 per acre. This represents a compelling value proposition within a thriving commercial corridor. The Cadillac Junction development offers several other available sites ranging in size from 1.37 to 22.50 acres, providing options for various development scales. This prime location and infrastructure readiness make this an ideal investment for discerning developers seeking a high-impact commercial project in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 9.74 ac (424,274 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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