Property profile

1297 M-89 Plainwell, MI 49080

OFF-MARKET
Land
1.84 ac lot
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Property summary

AI-generated overview

This exceptional 1.84-acre commercial land parcel presents a unique opportunity in Plainwell, Michigan. Boasting 105 feet of frontage on M-89, this highly visible location offers unparalleled exposure for any commercial development. Situated directly across from a Walmart, the property benefits from significant traffic flow and high consumer visibility. Its convenient proximity to Interstate 131 (within ¾ of a mile) ensures easy access for customers and employees. The property is zoned for commercial use, providing flexibility for a variety of development options, including build-to-suit projects or land lease arrangements. The lot size is ideal for a range of commercial ventures, from retail establishments to light industrial uses. This prime location in the Plainwell submarket, within the broader Plainwell, Otsego, Allegan, and Kalamazoo cluster, offers excellent potential for growth and return on investment. The property's single-tenant designation allows for streamlined development and management. This is a rare opportunity to acquire a strategically located commercial land parcel in a thriving Michigan market. Don't miss out on this chance to secure a prominent position in a high-traffic area.

Property profile

Verified
Property type Land
Lot 1.84 ac (80,150 SF)

Cap rate & NOI

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

Location

1297 M-89 Plainwell, MI 49080
Plainwell metro
Google Maps

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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