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    FOR SALE
    Office buildings

    23913 Red Arrow Hwy Mattawan, MI 49071

    921 SF 0.62 ac lot
    Entity Owned 20-yr Hold Free & Clear
    Property ID
    US43-2345441
    23913 Red Arrow Hwy, Mattawan, MI 49071 For Sale 1 / 31
    $479,000 921 SF
    23913 Red Arrow Hwy, Mattawan, MI 49071
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    Property summary
    AI-generated overview

    This exceptional commercial property, located at 23913 Red Arrow Highway in Mattawan, Michigan, presents a truly unparalleled business opportunity. Boasting a prime corner location at the intersection of Main Street and Red Arrow Highway, this 921 square foot lot enjoys exposure to well over 15,000 vehicles daily. Its strategic placement within the commercial overlay district ensures maximum visibility and accessibility for any business. The property sits on a generous 1.78-acre lot, offering ample space for development or expansion. The high traffic count, coupled with convenient access to I-94, guarantees a substantial customer base and streamlined logistics. This is an ideal location for businesses that thrive on high traffic volume and easy accessibility. The property's location offers significant advantages for a wide range of commercial ventures, making it a rare and highly desirable investment opportunity in the thriving Mattawan area. The asking price is $489,000. Don't miss this chance to secure a prominent location with exceptional potential for growth and success. Serious inquiries only.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Total area 921 SF
    Lot 0.62 ac (27,007 SF)
    Zoning code GC
    APN 80-02-001-036-00
    UPID US43-2345441
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Mat Am INC · 20 yrs held
    Mat Am INC
    since 2006
    1 recorded transaction
    2006
    $92,500
    Zoning & alternative use
    GC · Mattawan, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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