Technical
Financial
Distress signals
Property profile

1338 E Center St Ithaca, MI 48847

FOR SALE
Commercial land
Property ID
US43-3352474
1.41 ac lot
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard
1338 E Center St, Ithaca, MI 48847 For Sale
Contact for pricing
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

Location

1338 E Center St Ithaca, MI 48847
Ithaca metro Census 1000 ALMA, 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
by Request

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

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