Property profile

201 Williamston Ctr Rd Williamston, MI 48895

OFF-MARKET
Commercial real estate
Property ID
US43-1008774
1.64 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 201 Williamston Center Rd, Williamston, MI 48895, presents a unique investment opportunity. The 2.2-acre site is zoned C-2, allowing for a variety of uses including office, retail, and highway services. The property offers a 14,000 square foot condo site, perfect for constructing a new office building. Existing infrastructure is already in place, including a shared parking lot, sewer, water, and storm drainage connections. Architectural plans are available for a build-to-suit option, offering flexibility for potential buyers. The convenient location provides easy access to I-96, enhancing visibility and accessibility for businesses. This prime location in Ingham County, Michigan, offers a strong potential for return on investment. The asking price for this exceptional property is $295,000. Don't miss this chance to acquire a versatile and well-situated commercial property in a thriving community. This is a rare opportunity to own a substantial office condo site with significant development potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.64 ac (71,395 SF)
Zoning code C-2
APN 33-18-07-12-101-002
UPID US43-1008774

Cap rate & NOI

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

Location

201 Williamston Ctr Rd Williamston, MI 48895
Williamston metro Census 5700 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

Zoning & alternative use

C-2 · Williamston, MI
Zoning description

Section 74-2.307 C-2 General Business District STATEMENT OF PURPOSE The C-2 general business district is intended to permit retail business and services which are oriented to automobile traffic. This district encourages…

General category COMMERCIAL

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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