8998 34 Rd Boon, MI 49618
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.