Property profile

0 Us-131 Elmira, MI 49730

OFF-MARKET
Land
24 ac lot
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Property summary

AI-generated overview

This exceptional 24-acre commercial land parcel presents a unique investment opportunity in Elmira, Michigan. Strategically located directly on US Highway 131, just one mile north of Alba Highway, this property boasts unparalleled visibility and accessibility. Its prime location makes it ideal for a wide range of commercial ventures. The property includes a licensed crossing over existing railroad tracks, ensuring convenient access and logistical efficiency. Ingress and egress are facilitated by a pre-existing right-of-way easement, simplifying development and operational planning. The asking price for this expansive tract is $69,000. Given its size, location, and existing infrastructure, this property offers significant potential for substantial return on investment. The 49730 zip code ensures convenient access to local amenities and a strong regional market. Detailed surveys and site plans are available upon request. This is a rare opportunity to acquire a large, commercially zoned parcel in a high-traffic area with excellent access. Don't miss out on this chance to establish your business in a thriving location. Contact us today to learn more about this exceptional property and schedule a site visit.

Property profile

Verified
Property type Land
Lot 24 ac (1,045,440 SF)

Cap rate & NOI

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

Location

Us-131 Elmira, MI 49730
Elmira metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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