305 Wright Ave Shepherd, MI 48883-9375
- Commercial land
- 0.57 lot acres
Current Use by Public Records
- Commercial land
Property Details for 305 Wright Ave
- Lot size
- 0.57 lot acres
- Property type
- Commercial land
- APN
- 31-080-00-024-00
- APU
- 310800002400
Description
This exceptional 0.57-acre commercial lot, located at 305 E Wright in Shepherd, Michigan, presents a unique investment opportunity. Situated just 1/8 of a mile from the US-127 Expressway, this property benefits from high traffic volume year-round, catering to both recreational and business travel between northern lower Michigan and the Upper Peninsula. Its strategic location near the expressway exit makes it easily accessible and highly visible. Many travelers utilize this route to reach the popular Soaring Eagle Casino & Resort, further enhancing its potential for high customer traffic. The property is zoned Commercial and has previously received approval for a Subway restaurant, demonstrating its suitability for a variety of businesses. The Village of Shepherd is actively encouraging development on this site, reflecting a positive and supportive business environment. This vacant lot offers significant potential for a business seeking a high-visibility location with excellent access to a major transportation artery. The property's size and zoning make it ideal for a variety of commercial ventures, capitalizing on the consistent flow of traffic and the area's strong tourism and business activity. This is a rare opportunity to establish a business in a prime location with a supportive community. The asking price is $99,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shepherd
- County
- Isabella
- State
- Michigan
- Longitude
- -84.6854
- Latitude
- 43.5246
- CBSA code
- 34380
- CBSA name
- MOUNT PLEASANT, MI MICROPOLITAN STATISTICAL AREA