0 Heartland Blvd Ionia, MI 48846
This exceptional 1.19-acre commercial land parcel is ideally situated on Heartland Blvd in Ionia, Michigan, offering unparalleled visibility from a major thoroughfare. The property boasts 241 feet of frontage on Heartland Blvd, providing ample space for a variety of commercial ventures. Its strategic location places it in close proximity to established businesses, including a Meijer supermarket, a bank branch, fast-food restaurants, an apartment complex, a dental office, and a commercial auto repair shop, ensuring high traffic and customer accessibility. The property is zoned without specific district restrictions, offering flexibility in development options. However, a 20-year deed restriction is in place prohibiting financial uses and ATMs. The parcel's APN is 060-031-000-115-27. This prime location presents a unique opportunity for investors and developers seeking a high-visibility site in a thriving commercial area. The asking price for this exceptional property is $267,750. The property is privately owned. This is a rare opportunity to acquire a well-located commercial lot in a growing Michigan community.
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
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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.