Property profile

4861 Encore Dr Mount Pleasant, MI 48858

OFF-MARKET
Land
7.12 ac lot
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Property summary

AI-generated overview

This exceptional 7.12-acre commercial parcel is ideally situated in Mount Pleasant, Michigan, at 4861 Encore Dr, 48858. Its prime location offers unparalleled access to Central Michigan University's campus and a cluster of established major national retail brands, ensuring high visibility and significant foot traffic. The property's expansive size presents a multitude of development opportunities for businesses seeking a strategic location within a thriving community. The asking price for this exceptional land opportunity is $1,750,000. This represents a significant investment potential given the property's location and size, making it an attractive proposition for developers and investors alike. The land is zoned for commercial use, allowing for a wide range of development possibilities, from retail spaces to office buildings or mixed-use projects. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand area with excellent proximity to both a major university and established retail businesses. Don't miss this chance to secure a prime location for your next commercial venture. Contact us today to learn more and schedule a site visit.

Property profile

Verified
Property type Land
Lot 7.12 ac (310,147 SF)

Cap rate & NOI

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

Location

4861 Encore Dr Mount Pleasant, MI 48858
Mount Pleasant metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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