110 Spring St, Concord, MI 49237
This 1.15-acre commercial lot, located at 110 Spring Street in Concord, Michigan (APN 005-11-27-351-002-00), presents a unique development opportunity. Situated on a cleared corner lot at the intersection of Spring Street and Homer Road, the property boasts convenient access to downtown Concord, M-60, and is directly across from the community center, parks, and ball fields. The lot measures approximately 169x276x179x302 feet. Currently zoned residential, this versatile property is suitable for a variety of uses, including business ventures, residential construction, or potentially multi-family development. Utilities including natural gas, community water, and electricity are readily available at the street or on-site. The seller is open to considering a land contract with a minimum down payment of $25,000 and a 24-month balloon payment, subject to seller approval. Cash and conventional financing options are also available. This is an exceptional opportunity to acquire a well-located parcel in a desirable community. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.