4951 Pickard Rd Mount Pleasant, MI 48858
This exceptional 1.44-acre commercial property, located at 4951 E Pickard Road in Mt. Pleasant, Michigan, presents a unique investment opportunity. Priced at $450,000, this retail land parcel boasts a significant 1,700 square foot building, previously utilized as a self-service carwash and more recently for garage storage. The property's strategic location near the bustling intersection of E Pickard Road (M-20) and Isabella Road offers unparalleled visibility and accessibility. Benefitting from its proximity to Central Michigan University and the Soaring Eagle Casino, this site enjoys high traffic volume and a strong customer base. The property is ideally situated adjacent to a major chain restaurant, a cinema, and a hospital, further enhancing its commercial appeal. The existing structure provides a solid foundation for various redevelopment possibilities, making it an attractive option for entrepreneurs and investors alike. Note that an adjacent 1.33-acre parcel is also available for purchase, presenting an opportunity to expand the investment portfolio. The property's zoning and potential uses should be verified independently. This prime location in Isabella County, with zip code 48858, offers significant potential for future 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.