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Property profile & analytics
OFF-MARKET
Retail space

134 Main St Lawton, MI 49065-8634

1,101 SF 1 ac lot Built 1940
Individually Owned 3-yr Hold Free & Clear
Property ID
US43-2437662
Property summary
AI-generated overview

This exceptional 0.5-acre commercial lot presents a rare opportunity for development in Lawton, Michigan. Situated on heavily trafficked M-40 Highway, this property enjoys a highly visible location within the Village of Lawton's Central Business District (CBD). The land is beautifully level and vacant, offering a blank canvas for a wide range of commercial ventures. Its strategic placement just south of Wagner's Grocery Store and the newly established farmer's market area ensures high foot traffic and excellent visibility. This is one of the last remaining vacant commercial lots available in Lawton, making it a truly unique investment opportunity. The property's size and location provide ample space for a variety of commercial buildings, allowing for significant customization to suit specific business needs. The high traffic volume on M-40 Highway guarantees substantial exposure for any business established on this site. This prime location offers unparalleled potential for growth and success in a thriving community. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The level terrain simplifies construction, minimizing potential site preparation costs and expediting the development process. Don't miss this chance to secure a prominent location in Lawton's vibrant commercial heart.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Total area 1,101 SF
Lot 1 ac (43,560 SF)
Zoning code CALL VILLAGE
APN 80-45-250-018-00
UPID US43-2437662
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
  • Wendy’s Taxes and Bookkeeping, LLC Accounting Firm Tax Preparation
  • Larry's Retro Games & More Arcade & Gaming Center Electronics & Wireless Store
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
Nathaniel B Pursley · 3 yrs held
Nathaniel B Pursley
since 2022
Last sale
$80,000
3 recorded transactions
2022
$80,000
2019
Price N/A
2011
Price N/A
Zoning & alternative use
CALL VILLAGE · Lawton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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