Property profile

1960-1974 Cedar St Holt, MI 48842

OFF-MARKET
Land
1.2 ac lot
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Property summary

AI-generated overview

This exceptional 1.2-acre commercial redevelopment opportunity is ideally situated at the corner of Cedar Street and Watson Avenue in Holt, Michigan, offering significant potential for a variety of commercial ventures. The property boasts a combined 420 feet of frontage along Cedar Street, a major thoroughfare with an average daily traffic count of approximately 7,000 vehicles. This high visibility location is complemented by its proximity to established businesses such as Crystal Bar, H&R Block, Steven L Marvin Salon, and Summerlands Brewing Company, ensuring strong foot traffic and brand recognition. The site comprises two parcels, one measuring 0.27 acres and the other 0.93 acres, both zoned C-2/TC, allowing for a diverse range of commercial uses. The property's address is 1960-1974 Cedar St, Holt, MI 48842, and its location near the intersection of Cedar Street and Holt Road provides excellent accessibility and visibility. The asking price for this prime redevelopment site is $670,000. Parcel numbers are 33-25-05-23-128-011 and 33-25-05-23-128-020. This is a rare opportunity to acquire a substantial commercial property in a thriving location with high traffic counts and established surrounding businesses. Don't miss this chance to capitalize on the potential of this exceptional site.

Property profile

Verified
Property type Land
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

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

Location

1960-1974 Cedar St Holt, MI 48842
Holt metro
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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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