600 Center Rd, Essexville, MI 48732
This exceptional 23-acre commercial property in Essexville, Michigan, presents a remarkable investment opportunity. Located on M-25 with additional access from Knight Road, this level lot boasts excellent visibility and convenient access to major roadways. The property is zoned commercial and offers utilities including sewer, water, electricity, and gas. Its versatile nature makes it ideal for a variety of commercial uses, including but not limited to mini-storage facilities. The site's prime location offers proximity to numerous rooftops, shopping centers, and the Saginaw Bay, ensuring high traffic and visibility. The property also benefits from a low tax area and a strong community presence. An adjacent 15-acre parcel zoned for multi-family use is also available, presenting potential for synergistic development. The asking price for this 23-acre parcel is $257,000. The APN is 070-049-400-025-00. The property is located at 600 W Center Rd, Essexville, MI 48732, in Bay County.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.