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Property profile & analytics

5688 M-72 Hwy Grayling, MI 49738

  • Office Properties & Spaces
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 5688 M-72 Hwy

Property type
Office Properties & Spaces
Property subtype
Land

Description

This exceptional commercial property, located at 5688 W M-72 Highway in Grayling, Michigan, 49738, presents a unique investment opportunity. Situated on a 34,000 square foot lot, this office building boasts high visibility from the busy M-72/M-93 intersection, with over 10,000 cars passing daily (2022 traffic counts). The building itself features 14 private offices arranged in three distinct sections, providing flexibility for single or multiple occupancy. Additional amenities include a copy/work room, three private restrooms, a small kitchen, and two reception/lobby areas. The layout allows for easy adaptation to accommodate three separate businesses, each with its own restroom and reception area, or a co-working space. Modern conveniences include fast fiber optic internet access, redundant heating systems, and full air conditioning. Ample paved parking is available on this drive-through property. The seller is open to a lease-back agreement for one-third of the building. This property offers significant potential for a variety of commercial uses and is conveniently located off the I-75 Business Loop in Grayling. The building's prime location and versatile design make it an attractive option for businesses seeking high visibility and functional workspace.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Grayling
County
Crawford
State
Michigan
Longitude
-84.7217
Latitude
44.6617
More about this property
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