M-51 Niles, MI 49120
- Land
- 9.17 lot acres
Current Use by Public Records
- Land
Property Details for 0 M-51
- Lot size
- 9.17 lot acres
- Property type
- Land
Description
This exceptional 9.17-acre commercial land parcel presents a remarkable development opportunity in Niles, Michigan. Strategically located at the intersection of M-51 and US-12, this property boasts excellent visibility and accessibility. Zoned GB - General Business, it allows for a wide range of commercial uses. The site offers good frontage on M-51 and includes two curb cuts for convenient access (a second curb cut is pending confirmation). Municipal water and sewer are readily available, situated conveniently south of the Everwise Credit Union. This location benefits from a strong demographic profile, with 18,627 households within a 5-mile radius and over 203,000 within a 10-mile radius. Surrounded by established national retailers, commercial businesses, and new developments, including new retention ponds and a recently installed traffic light at the intersection, this property offers a robust infrastructure and thriving commercial environment. The land is priced at $1,200,000, or $1.23 per square foot. Furthermore, the property's size allows for potential subdivision into smaller parcels, catering to diverse development needs. An existing access road from the Everwise Credit Union property provides additional access to the site. This is a truly exceptional opportunity for investors seeking a high-impact commercial development project in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Niles
- County
- Berrien
- State
- Michigan
- Longitude
- -86.254
- Latitude
- 41.8299
