Property profile

0 Carriage Cir Coldwater, MI 49036

OFF-MARKET
Land
10 ac lot
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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

Location

Carriage Cir Coldwater, MI 49036
Coldwater metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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