1604 Sheridan Rd, Escanaba, MI 49829
This exceptional 0.39-acre industrial property in Escanaba, Michigan, presents a unique investment or development opportunity. Located at 1604 Sheridan, the property boasts high visibility, making it ideal for a variety of uses. The 724-square-foot home offers immediate income potential or comfortable living space. The property comprises three adjoining lots, providing ample space for expansion, development, or additional structures. Its strategic location offers significant potential for growth and return on investment. Whether you envision establishing a new business, adding to a rental portfolio, or undertaking a development project, this property's versatility and prime location make it a compelling prospect. The existing home adds immediate value and potential rental income. The three lots provide flexibility for future expansion or development, catering to a wide range of business or residential plans. This is a rare opportunity to acquire a property with significant potential in a desirable location. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss out on this chance to transform your vision into reality.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.