4144 Mt Morris Rd Mount Morris Township, MI 48458
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 4144 Mt Morris Rd
- Property type
- Commercial real estate
- APN
- 14-04-400-011
- APU
- 1404400011
Description
This exceptional 118-acre property in Mount Morris Township, MI, presents a remarkable investment opportunity. Strategically located with nearly 1300 feet of frontage on I-75 and the Mount Morris Road exit, this land boasts unparalleled visibility and accessibility. The property includes two parcels (14-04-400-004 and 14-04-400-011), totaling 118 acres, zoned C2 and C3, allowing for diverse commercial uses. Existing improvements include a substantial 64 x 104-foot pole barn featuring six 20-foot overhead doors, 220-amp service, and a concrete slab. A 1,056 square foot office building and a billboard are also on-site. The property's prime location, combined with its existing structures and flexible zoning, makes it ideal for a wide range of commercial ventures. The asking price is $1,490,000, with a price per square foot of $1,410.98. The property was built in 2015. This is a rare opportunity to acquire a large, high-visibility commercial site in a rapidly developing area. Don't miss this chance to capitalize on the significant potential of this exceptional property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,035,000
- 6.5%
- $935,000
- 7%
- $930,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,095,000
- Geo Method
- $1,045,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,030,000
- Retail
- $1,170,000
- Mixed-Use
- $965,000
- Hospitality
- $930,000
- Educational
- $915,000
- Residential Income
- $855,000
- Energy
- $1,115,000
- Income-Based Land
- $1,000,000
- Food Service
- $980,000
Location Insight
- Map
- Local Demand
- City
- Mount Morris
- County
- Genesee
- State
- Michigan
- Longitude
- -83.7612
- Latitude
- 43.1242
- CBSA code
- 22420
- CBSA name
- FLINT, MI METROPOLITAN STATISTICAL AREA