Property profile

- Parcel A Blue Grass Rd Mount Pleasant, MI 48858

OFF-MARKET
Land
1.95 ac lot
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Property summary

AI-generated overview

This exceptional 1.95-acre commercial land parcel presents a unique investment opportunity in Mount Pleasant, Michigan. Ideally situated on E Blue Grass Rd, this property boasts a highly desirable location adjacent to major national retail brands, ensuring significant foot traffic and brand visibility. Its proximity to Central Michigan University's campus further enhances its appeal, providing access to a large student population and a vibrant community. The expansive lot size offers ample space for a variety of commercial developments, from retail spaces and restaurants to office buildings or other suitable ventures. The asking price is $700,000. This property is zoned for commercial use (verification of zoning with local authorities is recommended). Given its strategic location and substantial size, this land parcel represents a compelling investment opportunity with significant potential for future growth and return. The property is located in Isabella County, Michigan, with a zip code of 48858. Detailed site plans and surveys are available upon request. This is a rare chance to acquire a prime commercial property in a thriving Michigan market. Don't miss this opportunity to secure a piece of Mount Pleasant's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 1.95 ac (84,942 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 A Blue Grass Rd Mount Pleasant, MI 48858
Mount Pleasant 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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