Property profile

1518 Sheridan Rd Escanaba, MI 49829

OFF-MARKET
Commercial land
Property ID
US43-3956005
0.14 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property consists of two contiguous lots in Escanaba, Michigan, totaling approximately 100 by 123 feet in combined dimension, providing land suitable for a range of commercial and mixed-use activities. The site is configured as undeveloped lots that can accommodate outdoor-focused enterprises and vehicle-accessible uses, such as storage facilities, an outdoor sales or dealership operation, food-related concepts (including restaurant/café or a food truck hub), retail and equipment sales for outdoor recreation, farmers market or craft fair-style venues, workshop or artisan studio operations, RV or boat storage, and fitness-oriented services such as a fitness center or yoga studio, subject to applicable zoning and permitting.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.14 ac (6,098 SF)
APN 051-370-2919-203-003
UPID US43-3956005

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1518 Sheridan Rd Escanaba, MI 49829-1827
Escanaba metro Census 970900 ESCANABA, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

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
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