23985 Red Arrow Hwy, Paw Paw, MI 49079
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.
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.
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.