This exceptional 13.92-acre parcel presents a unique opportunity for commercial development in Paw Paw, Michigan. Located at Parcel 2 cr 374, this property boasts an Agricultural (AGR) zoning designation, offering versatility for various commercial ventures. The expansive lot size provides ample space for construction projects, potentially including a pole barn or barndominium, catering to diverse business needs. Its convenient proximity to highway 94 ensures excellent accessibility and connectivity. Furthermore, the property's picturesque country setting near Lake Cora golf course offers a tranquil and desirable location. The address is Parcel 2 cr 374, Paw Paw, MI 49079, with the APN 80-14-007-005-20. The asking price for this substantial land holding is $100,000. The seller may consider a land contract, providing flexible financing options for potential buyers. This property is ideal for those seeking a spacious, conveniently located site for a variety of commercial uses in a beautiful rural setting. The latitude and longitude coordinates are 42.2226787, -85.9100089 respectively. This is a rare opportunity to acquire a significant land parcel in a desirable location.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.