1110 142Nd Ave Wayland, MI 49348
- Manufacturing properties
- 8,160 SF
- 1.39 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 1110 142Nd Ave
- Lot size
- 1.39 lot acres
- Property size
- 8,160 SF
- Property type
- Manufacturing properties
- APN
- 13-019-013-00
- APU
- 1301901300
Description
This exceptional 1.3-acre commercial land parcel presents a remarkable investment opportunity in the thriving community of Dorr, Michigan. Strategically located on the corner of 142nd Avenue and Division, this property boasts significant road frontage, ensuring high visibility and accessibility for any business. The expansive lot size provides ample space for the development of retail or office space, catering to a wide range of commercial ventures. Its prime location within Allegan County, Michigan, offers easy access to major transportation routes and a growing customer base. The asking price is $795,000, representing a compelling value for a property with such significant potential. The address is 1110 142nd Ave, Dorr, MI 49348. This location offers excellent visibility and accessibility, making it an ideal site for businesses seeking a strong presence in a dynamic market. The property's size and location make it suitable for a variety of commercial developments, offering significant potential for return on investment. Serious inquiries are encouraged to explore this exceptional opportunity to acquire a highly desirable commercial land parcel in a rapidly developing area. The property is zoned for commercial use. This is a rare opportunity to secure a prominent location in a growing market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $320,000
- 6.5%
- $300,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $285,000
- Mixed-Use
- $280,000
- Hospitality
- $265,000
- Educational
- $250,000
- Residential Income
- $305,000
- Energy
- $320,000
- Income-Based Land
- $325,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Wayland
- County
- Allegan
- State
- Michigan
- Longitude
- -85.6541
- Latitude
- 42.7243
- CBSA code
- 26090
- CBSA name
- HOLLAND, MI MICROPOLITAN STATISTICAL AREA