Property profile

110 N Marshall Dr Gwinn, MI 49841

FOR SALE
Commercial real estate
Property ID
US43-2170315
1,200 SF 5.11 ac lot
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 5.11-acre commercial property in Gwinn, Michigan, presents a unique investment opportunity. Located at 110 N Marshall, the property enjoys prime frontage on State Highway M35, ensuring high visibility and easy accessibility for customers. The site includes a 1,200 square foot building, adaptable for use as office space or a meeting center, complemented by an attached two-car garage. Ample parking is provided by a paved lot. The property is zoned C-2 by Forsyth Township, offering flexibility for various commercial ventures. This location offers significant potential for growth and development, making it an ideal choice for businesses seeking a prominent presence in a thriving area. The asking price is $299,999. The property's strategic location and versatile building make it an attractive option for entrepreneurs and investors alike. This is a rare opportunity to acquire a well-situated commercial property with significant development potential in a growing Michigan community. The property's existing infrastructure, including the building and parking lot, minimizes upfront investment costs, allowing for a quicker return on investment. Don't miss this chance to secure a prime commercial location in Gwinn, MI.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 1,200 SF
Lot 5.11 ac (222,592 SF)
Zoning code C-2
APN 52-05-123-031-00
UPID US43-2170315

Cap rate & NOI

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

Location

110 N Marshall Dr Gwinn, MI 49841
Gwinn metro Census 2600 MARQUETTE, MI MICROPOLITAN STATISTICAL AREA
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
$355k

Owner & transaction history

Zoning & alternative use

C-2 · Gwinn, MI

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message