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Property profile

0 Parcel C Professional Dr Cadillac, MI 49601

OFF-MARKET
Land
2.96 ac lot
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Property summary

AI-generated overview

This exceptional 2.96-acre commercial land parcel in Cadillac, Michigan, presents a unique development opportunity. Located on Parcel C Professional Drive, this property boasts unparalleled visibility due to its strategic position directly before the US-131 on-ramp. Its prime location offers significant advantages for businesses seeking high exposure. The parcel is zoned for Office Commercial Special Use, making it ideal for a variety of developments, including medical facilities, government/office buildings, or even a hotel. The property's adjacency to an existing medical office complex further enhances its appeal and potential for synergistic development. Access is provided via Business 131, with additional access to Mackinaw Trail to the west. The APN is 2109-09-4402-03. This is the last available lot before the US-131 on-ramp, ensuring continued high traffic visibility. The asking price is $350,000. While this lot is being offered individually, a combined 8.1-acre package with 665 feet of frontage is also available for $499,000. This presents a compelling investment opportunity in a thriving Michigan community. The property's zoning and location make it an attractive prospect for developers seeking a high-impact commercial development site. Don't miss this chance to secure a piece of Cadillac's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 2.96 ac (128,938 SF)

Cap rate & NOI

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

Location

Parcel C Professional Dr 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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