1017 Upton Ave, Springfield, MI 49037-7682
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Springfield, MISpringfield. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.