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    Property profile & analytics
    OFF-MARKET
    Commercial land

    1017 Upton Ave, Springfield, MI 49037-7682

    1.51 ac lot
    Entity Owned Free & Clear
    Property ID
    US43-0665480
    Property summary
    AI-generated overview

    This exceptional 1.51-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Springfield, Michigan. Located at 1017 Upton Avenue, this property boasts a highly desirable I-1 commercial zoning designation, opening doors to a wide array of development possibilities. The convenient location offers easy access to major roads and highways, ensuring excellent visibility and accessibility for any future business. The property's proximity to various amenities and established businesses further enhances its appeal. With its strategic placement within Calhoun County and a readily available APN (54-310-016-00), this vacant land is perfectly positioned to capitalize on Springfield's growing population and robust economy. The asking price of $25,000 makes this an attractive proposition for both seasoned investors and developers seeking a foothold in a dynamic market. This is a rare chance to acquire a substantial commercial lot in a prime location, ready for immediate development or future investment. The property's size and zoning provide ample flexibility for a variety of commercial ventures, making it an ideal choice for those seeking a strategic investment in a rapidly developing area. Don't miss this opportunity to secure a piece of Springfield's vibrant commercial landscape. The property is situated in a convenient location with easy access to major transportation routes, making it an attractive option for businesses seeking high visibility and accessibility.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.51 ac (65,819 SF)
    Zoning code I-1
    APN 54-310-016-00
    UPID US43-0665480
    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
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    CAP Approach CAP
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    Blend (final) Blend
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    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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