546 5Th St Clare, MI 48617
- Commercial real estate
- 0.95 lot acres
Current Use by Public Records
- Martin Heating & Cooling / Heating Contractor
Property Details for 546 5Th St
- Lot size
- 0.95 lot acres
- Property type
- Commercial real estate
- APN
- 051-340-001-00
- APU
- 5134000100
Description
This exceptional commercial property in Clare, Michigan, presents a unique investment opportunity. Located at 546 W. Fifth, Clare, MI 48617, this property encompasses 7,637 square feet and is being offered for sale by the owner at $1,200,000. The property is classified as special purpose land and includes a substantial building with a blend of office and warehouse space. The building's versatile layout makes it suitable for a variety of commercial uses. The property's size and configuration offer significant potential for expansion or adaptation to meet specific business needs. Its location in Clare County provides access to a growing market and offers convenient access to local amenities and transportation routes. This is an excellent opportunity for an investor or business owner seeking a well-situated property with substantial space and development potential. The property is currently being sold as a whole, and the sale includes the building and the land. Detailed information regarding the building's specifications and the land's zoning is available upon request. This is a rare opportunity to acquire a significant commercial property in a desirable location. Serious inquiries are encouraged to explore this promising investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $380,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $385,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $305,000
- Mixed-Use
- $350,000
- Hospitality
- $345,000
- Educational
- $335,000
- Residential Income
- $330,000
- Energy
- $350,000
- Income-Based Land
- $285,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Clare
- County
- Clare
- State
- Michigan
- Longitude
- -84.7805
- Latitude
- 43.8222