Property profile

100 Commercial Ln Wakefield, MI 49968

OFF-MARKET
Auto shops
Property ID
US43-3218935
1,200 SF 1.12 ac lot Built 2002
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 1,200 square foot industrial property in Wakefield, MI, presents a unique investment opportunity. Situated on a generous 1.12-acre lot, this property boasts a substantial garage featuring three-phase power, propane heat, and air conditioning. City water and sewer services are readily available. The property's commercial/residential zoning unlocks a wide range of possibilities for future development or expansion. Adding to its versatility is a connected 30x30 foot concrete slab, already partially constructed with two garage-sized entryways and a service door. The first row of bricks is in place, providing a solid foundation for an addition or simply offering ample parking space. Multiple storage sheds are also included on the property, enhancing its practicality and storage capacity. The property is bordered by woods, offering a degree of privacy and natural beauty. Its prime location near Sunday Lake adds significant recreational and aesthetic value. This property is ready for immediate use or further development, making it an attractive option for a variety of commercial or mixed-use ventures. The combination of size, utilities, zoning, and location makes this a truly exceptional offering.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2002
Total area 1,200 SF
Lot 1.12 ac (48,787 SF)
APN 53-17-000-720
UPID US43-3218935

Cap rate & NOI

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

Location

100 Commercial Ln Wakefield, MI 49968-9701
Wakefield metro Census 950200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2016
Price N/A
2015
Price N/A

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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