0 Cadillac Jct Cadillac, MI 49601
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.