285 S Main St Freeland, MI 48623
For Sale
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This exceptional 0.59-acre development site is ideally located in the heart of downtown Freeland, Michigan, at 285 S Main St, zip code 48623. Boasting approximately 115 feet of frontage on Main Street, this property (Parcel 1, APN 29-13-3-21-0206-000) presents a remarkable opportunity for commercial development. Its strategic position offers excellent visibility and accessibility, situated directly adjacent to a Marathon gas station. An existing ATM on the property further enhances its potential. This parcel is also conveniently located next to two additional lots (Parcel 2) that are available for purchase separately. The asking price for this prime development land is $750,000. This location in Saginaw County offers significant potential for a variety of commercial ventures, capitalizing on the high traffic and visibility of this Main Street location. The property's size and location make it an attractive investment for developers seeking a high-impact site in a thriving downtown area. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity.
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DOW credit union ATM Atm
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
Property description
Physical attributes from public recordsZoning & alternative use
A1-AGRI · Freeland, MIFreeland. Always verify with local authorities before improvements.
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.