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Property profile & analytics
OFF-MARKET
Land

Parcel B Plett Rd Cadillac, MI 49601

0.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.7-acre commercial lot, located at Plett Rd Parcel B in Cadillac, Michigan (APN 2209-SAE-02), presents a unique investment opportunity. Zoned for commercial use, this cleared and level parcel is ideally situated for immediate development. The asking price is $60,000, translating to a price per unit of $85,714. The property benefits from its location on Plett Rd, a main connector to Cadillac's north end, ensuring high traffic visibility and exposure to a thriving business community. Existing businesses in the immediate vicinity demonstrate a strong and active commercial presence. This lot is available for purchase as a standalone property, but also offers the potential for combination with two other adjacent parcels, providing significant expansion opportunities for larger-scale projects. The property's flat, cleared nature minimizes site preparation costs, accelerating the development timeline and maximizing return on investment. This is an excellent opportunity for businesses seeking a high-visibility location in a growing area of Cadillac, Michigan, zip code 49601. The property's coordinates are latitude 44.2701015 and longitude -85.396455.

Property profile
Verified
Property type Land
Lot 0.7 ac (30,492 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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