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    OFF-MARKET
    Land

    1297 M-89, Plainwell, MI 49080

    1.84 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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