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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

2990 Sheridan Rd Stanton, MI 48888

3,000 SF 5.71 ac lot
Entity Owned 6-yr Hold
Property ID
US43-2704061
Property summary
AI-generated overview

This exceptional 5.71-acre commercial property in Stanton, Michigan, presents a remarkable investment opportunity. Located on the northwest corner of M-66 and Sidney Road, this site boasts a strategic position just south of Stanton and north of Sheridan, within Montcalm County. The property currently features two buildings totaling approximately 3,000 square feet, offering flexibility for redevelopment or expansion. Imagine the possibilities: combine the existing structures to create a larger convenience store, or demolish and construct a brand-new gas station and convenience store complex. This high-traffic location offers limited competition, ensuring a strong potential for success. The property includes an existing beer, wine, and liquor license, adding significant value. While there is an existing underground storage tank and fueling pumps requiring updates and replacement, this presents an opportunity to modernize the site and capitalize on its prime location. This is a rare chance to acquire a substantial parcel with significant upside in a growing market. The property's history as a long-standing gas station and convenience store speaks to its proven viability. Don't miss this chance to own a piece of Stanton's commercial landscape. The property's address is 2990 S. Sheridan Road (M-66), Stanton, MI 48888. Asking price is $349,000.

Property profile
Verified
Property type Grocery and convenience stores
Total area 3,000 SF
Lot 5.71 ac (248,728 SF)
UPID US43-2704061
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
Harjap Real Estate LLC · 6 yrs held
Harjap Real Estate LLC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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