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    Property profile & analytics
    OFF-MARKET
    Commercial land

    1012 Upton Ave, Springfield, MI 49037-7647

    2.29 ac lot
    Entity Owned Free & Clear
    Property ID
    US43-0706641
    Property summary
    AI-generated overview

    This exceptional 2.29-acre commercial land parcel presents a compelling investment opportunity in the thriving city of Springfield, Michigan. Located at 1012 Upton Avenue, this property boasts an I-1 commercial zoning designation, offering a wide range of development possibilities. The convenient location provides easy access to major roads and highways, ensuring excellent visibility and accessibility for any future business. The parcel's size, combined with its prime location near various amenities and businesses, makes it an ideal site for a diverse range of commercial ventures. With its strategic positioning within Calhoun County and a readily available APN (54-310-014-00), this property offers a streamlined path to development. Springfield's growing population and proximity to larger metropolitan areas like Detroit, Ann Arbor, and Toledo further enhance the investment potential. This vacant land is ready for immediate development, presenting a unique chance for investors and developers to capitalize on a burgeoning market. The asking price of $28,000 makes this an attractive proposition for those seeking a high-return investment in a dynamic and accessible location. Detailed zoning information and site plans are available upon request.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2.29 ac (99,535 SF)
    Zoning code I-1
    APN 54-310-014-00
    UPID US43-0706641
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    CITY SPRINGFIELD
    CITY SPRINGFIELD
    Zoning & alternative use
    I-1 · Springfield, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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