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Property profile & analytics

1901 Caro Rd Caro, MI 48723-9280

  • Commercial real estate
  • 10.03 lot acres
OFF-MARKET
Last Sale
Nov 14, 2022
$385,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-4231654
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Tequilas Jalisco Mexican Cuisine And Cantina / Restaurant

Property Details for 1901 Caro Rd

Lot size
10.03 lot acres
Property type
Commercial real estate
APN
013-009-300-0137-01
APU
13009300013701

Description

This exceptional 4,408-square-foot restaurant building presents a unique investment opportunity in Caro, Michigan. Located at 1901 W Caro Rd, this single-tenant property sits on a substantial 10-acre lot, offering significant expansion potential. The building is classified as Class A and boasts a complete renovation in 2020, ensuring modern amenities and a move-in ready condition. Currently vacant, this space is ideal for a variety of restaurant concepts or adaptive reuse. The property's zoning is designated as PUD (Planned Unit Development), allowing for flexibility in future development plans. Situated in Tuscola County, Michigan, with a 48723 zip code, this location benefits from excellent visibility and accessibility. The building's total square footage is 4,408 square feet, all of which is currently vacant, providing a blank canvas for a new business venture. The property's size and location make it an attractive proposition for entrepreneurs seeking a high-profile establishment in a growing community. This is a rare opportunity to acquire a fully renovated, spacious restaurant building on a large parcel of land in a desirable location. The 2020 renovation ensures modern infrastructure and systems, minimizing upfront capital expenditures. Serious inquiries are encouraged to explore the possibilities of this prime commercial property.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Caro
County
Tuscola
State
Michigan
Longitude
-83.4207
Latitude
43.468

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$8,896
$0.00
$0.00
$231,300
-
$0.00
$0.00
$462,600
More about this property
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