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    OFF-MARKET
    Land

    0 Carriage Cir, Coldwater, MI 49036

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10-acre commercial land parcel presents a remarkable development opportunity in the thriving city of Coldwater, Michigan. Located conveniently behind Meijer, this prime site boasts a highly desirable location with excellent visibility and accessibility. The property is completely ready for immediate development, offering significant time and cost savings for prospective buyers. All necessary infrastructure is in place, including completed streets and curb cuts, eliminating the need for extensive preliminary site work. Detailed architectural plans are available, outlining a comprehensive multi-housing development encompassing 216 units. This meticulously designed plan includes 198 two-bedroom, two-bathroom units, 12 one-bedroom units, and 6 townhomes. Each unit is thoughtfully designed with individual metering and a private outdoor deck. The development also incorporates 268 surface parking spaces and a dedicated outdoor recreation area. The flat and level terrain simplifies construction and maximizes usable space. Zoned for commercial use, this property is ideal for residential development, senior housing, or other compatible commercial ventures. Priced at $1,900,000, this shovel-ready site represents an unparalleled investment opportunity in a rapidly growing market. The property is situated in Branch County, Michigan, with the address listed as Carriage Cir, Coldwater, MI 49036.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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