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Property profile & analytics
FOR SALE
Commercial land

1338 E Center St Ithaca, MI 48847

1.41 ac lot
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US43-3352474
1338 E Center St, Ithaca, MI 48847 For Sale
$140,000
1338 E Center St, Ithaca, MI 48847
View Listing →
Property summary
AI-generated overview

This exceptional 1.41-acre commercial land parcel, located at 1338 E. Center St., Ithaca, Michigan (48847), presents a compelling redevelopment opportunity. The property, identified by APN 52-050-025-01, is zoned for commercial use, specifically permitting conventional and light warehousing. The lot offers excellent accessibility, boasting a pre-installed curb cut on Center Street, providing convenient access for businesses and customers. The site's strategic location provides access to both Dilts and Center Streets. Priced at $140,000, this represents a significant value proposition for developers and investors seeking to capitalize on the potential of this prime location in Gratiot County. While the initial listing is for 1.41 acres, an additional 0.30 acres is available for an additional cost, bringing the total potential acreage to 1.71 acres. This vacant land is ready for immediate development, making it an ideal investment for those seeking a high-return opportunity in a growing market. The property's size and zoning make it suitable for a variety of commercial uses, offering flexibility for future development plans.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.41 ac (61,420 SF)
APN 52-050-025-01
UPID US43-3352474
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Shawn H O'brien · 1 yrs held
Shawn H O'brien
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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