934 Marshall StAllegan, MI 49010

  • Land
  • 1.96 AC
For Sale
$250,000 View listing

Property Details for 934 Marshall St

Lot size
1.96 AC
Property type
Land
Property subtype
Commercial land
APN
51-370-010-00
APU
5137001000

Description

This exceptional 2.5-acre commercial land parcel presents a remarkable investment opportunity in Allegan, Michigan. Strategically located on M-89 Highway, this property boasts 254 feet of high-visibility road frontage, ensuring maximum exposure for any commercial venture. The site is ideally situated as you enter the city of Allegan, providing convenient access and high traffic volume. All city utilities are readily available, simplifying development and operational costs. This offering comprises two contiguous parcels, identified as Parcel #035137001000 and Parcel #030157001100, which are being sold together as a single unit. The combined acreage provides ample space for a variety of commercial uses, from retail establishments and restaurants to light industrial facilities or office buildings. The property's prime location and substantial size make it an attractive proposition for developers and investors seeking a strong foothold in a thriving Michigan community. The asking price of $250,000 represents a compelling value for this highly desirable commercial land offering. Don't miss this chance to acquire a significant piece of Allegan's commercial landscape.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,555,414
    Hospitality
    $11,500,691
    Educational
    $9,568,440
    Medical
    $9,897,514
    Retail
    $14,884,240
934 Marshall St, Allegan, Michigan

Location Insight

City
Allegan
County
Allegan
State
Michigan
Latitude
42.5148
Longitude
-85.8335
CBSA code
26090
CBSA name
HOLLAND, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,036
$15,700
-
$15,700
-
$31,400
-
$31,400

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