1297 M-89, Plainwell, MI 49080
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.
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
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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.