1340 M-89 Otsego, MI 49078
This exceptional 4.6-acre commercial property boasts 462 feet of prime road frontage on M-89 in Otsego, Michigan. Zoned for commercial use, this versatile site presents a unique opportunity for a single-tenant build-to-suit project or a multi-tenant development. The property's location within the Otsego submarket, part of the Plainwell, Otsego, Allegan, and Kalamazoo submarket cluster, offers excellent visibility and accessibility. The existing zoning allows for retail, office, and restaurant uses, providing flexibility for a variety of businesses. Whether you envision constructing a new building tailored to your specific needs or leasing the land, this property offers significant potential for growth and profitability. The property is currently vacant, providing a blank canvas for your vision. Its strategic location and ample space make it an ideal investment for businesses seeking a prominent presence in a thriving commercial area. The address is 1340 M-89, Otsego, MI 49078, conveniently located near 13th Street. This is a rare opportunity to acquire a substantial parcel of land in a desirable location.
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
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.