Parcel B Plett Rd Cadillac, MI 49601
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.
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
Similar Nearby for Sale
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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.