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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8998 34 Rd Boon, MI 49618

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail outlot, situated on 1-2.57 acres at the southwest corner of E. 34 & Plett Roads in Haring Township, Michigan, presents a prime investment opportunity. Priced at $2,400,000, this vacant property boasts a highly desirable location directly across from Walmart, Aldi, TJ Maxx, and Meijer, benefiting from significant traffic flow and high visibility. The property is situated at a traffic signal, providing convenient access from both E. 34 and Plett Roads. This strategic location is part of a thriving commercial corridor, evidenced by recent developments including a Petco, a building housing Aspen Dental and Well Now, and a multi-tenant strip center with tenants such as Tropical Smoothie Cafe, Great Clips, and Hearing Life. The property is zoned Commercial, permitting a range of uses including drive-thru businesses, gas stations, and car washes. The site's size ranges from 0 to 10,000 square feet, offering flexibility for various development plans. This NNN-leased, multi-tenancy property is ideal for investors seeking a high-return investment in a rapidly growing area adjacent to Cadillac, the county seat of Wexford County. The property is currently vacant, allowing for immediate development and customization to suit the buyer's vision. This is a rare opportunity to acquire a strategically located retail outlot with significant potential for growth and profitability.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1 ac (43,560 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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