11401 17th Mile Rd Marshall, MI 49068-8523
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SandHill Restaurant
The B-2 (Local Business) district provides for a mix of commercial and office uses potentially in one building. It provides for a transition between the Professional Office Service and Neighborhood Commercial district. This is accomplished by limiting the size of the building and type of uses that are allowed in the more intense business districts and by scr…
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
B-2 · Marshall, MIThe B-2 (Local Business) district provides for a mix of commercial and office uses potentially in one building. It provides for a transition between the Professional Office Service and Neighborhood Commercial district. This is accomplished by limiting the size of the building and type of uses that are allowed in the more intense business districts and by screening them from the residential uses or districts. These uses are better served by being located on a secondary or major thoroughfare. i. General office (up to 5,000 sq ft) ii. Medical and dental offices and clinics iii. Business service establishments § 4.21 iv. Commercial greenhouses, nurseries , and garden centers § 4.16 v. Pick-up/drop-off dry cleaners and coin laundromats vi. Gas station, including those combined with convenience stores, but excluding automobile service stations § 4.17 vii. Convenience stores viii. Studios or schools for arts and crafts, photography, music or dancing ix. Pubs, taverns, bars, cocktail lounges, and nightclubs x. Health clubs xi. Personal service establishments § 4.18 xii. Newspaper offices and publishers, and copy centers xiii. Restaurants (excluding drive -in restaurants and those with drive-through facilities) § 4.19 xiv. Pool/video arcades xv. Retail establishments § 4.20 xvi. Veterinary clinics, indoor only xvii. Mixed-use development § 4.23 xviii.Therapeutic massage§ 4.13 xix. Housing for the elderly xx. Funeral homes, not including crematoriums xxi. Accessory outdoor sales and display, up to 5% of gross floor area or 2,500 sq ft, whichever is less xxii. Barber shops, beauty shops, and hair stylists xxiii. Small solar energy systems § 4.53.1 xxiv. Medium solar energy systems § 4.53.2 C. SPECIAL LAND USES User Note: For uses listed in bold blue, refer to Article 4, or click on use, for use-specific standards B. PRINCIPAL PERMITTED USES (continued) xxv. Electric vehicle charging stations, level 1 ,2 & 3 § 4.50 xxvi. Mobile food vending § 4.51 xxvii.Accessory structures and uses customarily incidental to the above permitted uses § 4.15 3-19 1 Purpose and Introduction Definitions 2 Zoning Districts 3 Use Standards 4 Site Standards 5 Development Procedures 6 Admin and Enforcement 7 City of Marshall Zoning Ordinance clearzoning® i
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.