229 Main St Spring Arbor, MI 49283-9673
4.4.3 Highway Service Commercial District (C-3): This district is intended to provide for various commercial establishments offering accom- modations, supplies, and services to local as well as through automobile and truck traffic. These districts should be provided at locations along major thoroughfares or adjacent to the interchange ramps of a limited acce…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
C-3 · Spring Arbor, MI4.4.3 Highway Service Commercial District (C-3): This district is intended to provide for various commercial establishments offering accom- modations, supplies, and services to local as well as through automobile and truck traffic. These districts should be provided at locations along major thoroughfares or adjacent to the interchange ramps of a limited access highway facility and should encourage grouping of various facilities into centers and discourage dispersion of these activities. A. Permitted Uses: 1. Any use permitted in the local commercial or general commercial district. 2. Outdoor sale, display, and rental of motor vehicles, trailers, and boats. Out- door sale and display of mobile homes, modular homes, and manufactured homes. Indoor service of motor vehicles, trailers, and boats. 3. Drive-in retail and service establishments, except drive-in theaters. 4. On-site signs in accordance with the regulations specified in Article 9. 5. Motels and hotels. 6. Eating and drinking establishments. 7. Accessory uses or structures. 8. Indoor and outdoor commercial amusements. 9. Self-storage units in accordance with the regulations specified in Article 5, specifically Subsection 5.9.11. (see definition) 10. Automobile service stations. 11. Essential services but not including wastewater treatment plants, water treat- ment plants, maintenance depots, or warehouses, and in accordance with the regulations specified in Section 6.17. (see definition) 12. Medical marihuana home use (subject to the provisions of Sec. 6.22.2) B. Conditional Uses: (See Article 5) Uses not specifically authorized as permitted uses or conditional uses in this district, but which are similar in nature to specified permitted or conditional uses, may be au
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.