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Property profile & analytics
OFF-MARKET Estimated value $1,570,000
Strip malls

1120 Commerce Park Dr 1150 Dewitt, MI 48820-7967

15,000 SF 44.67 ac lot Built 1999
Entity Owned Free & Clear
Property ID
US43-2452224
Property summary
AI-generated overview

This exceptional commercial property at 1120 Commerce Park Drive, Unit 1120, DeWitt, MI, presents a significant investment opportunity. The property encompasses a substantial 15,000 square feet situated on a 1.98-acre lot, offering significant flexibility and growth potential. The main structure features a 9,000 square foot banquet center, complete with a catering kitchen, multiple restrooms, and ample storage space. This versatile space is currently configured to accommodate large-scale events. In addition, there are four separate 1,500 square foot office suites, all currently leased, providing a steady income stream. These suites could be easily subdivided to create up to three additional units, increasing rental income further. The property's strategic location just north of I-69 and one block east of Business 27 places it within a thriving commercial area. Nearby amenities include a hotel, gas stations, a Meijer supermarket, strip malls, and various restaurants, ensuring high visibility and accessibility. The area is experiencing ongoing development, suggesting further growth and increased property value in the future. The current listing includes 1.98 acres, but additional acreage is available for larger-scale projects, making this an ideal opportunity for expansion or future development. This property offers a unique blend of established income and significant upside potential.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,000 SF
Lot 44.67 ac (1,945,825 SF)
Zoning code A/BC
APN 050-015-200-016-00
UPID US43-2452224
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
Current use
Occupant on record · Public records
  • Banquet & Conference Center Of De Witt Wedding Service
  • Pet Health Center Veterinary Clinic
  • Northern Tails Grooming, LLC Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.57M
Owner & transaction history
Arac LLC
Arac LLC
since 2026
2 recorded transactions
2026
Price N/A
2016
Price N/A
Zoning & alternative use
A/BC · Dewitt, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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