Property profile

23985 Red Arrow Hwy Paw Paw, MI 49079

OFF-MARKET
Specialty properties
2,316 SF 4.3 ac lot
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Property summary

AI-generated overview

This exceptional commercial property in Paw Paw, Michigan, presents a unique investment opportunity. Situated on a 4.3-acre lot at a high-traffic corner with nearly 700 feet of road frontage, this property boasts excellent visibility and convenient access to I-94. The site is zoned GC and includes a 2,316 square foot building suitable for a variety of uses, along with ample parking for 30 vehicles. Additional structures on the property include a 921 square foot office building, a 1,395 square foot house with a full basement, a 1,536 square foot barn, and two storage sheds. The property's versatility makes it ideal for a wide range of businesses, including medical offices, salons, daycare centers, fitness facilities, restaurants, gas stations, veterinary clinics, garden centers, and law offices. The property's location, size, and existing structures offer significant potential for immediate use and future development. The APN is 80-02-002-049-25. Asking price is $899,900.

Property profile

Verified
Property type Specialty properties
Total area 2,316 SF
Lot 4.3 ac (187,308 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23985 Red Arrow Hwy Paw Paw, MI 49079
Paw Paw metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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