338 Jackson St Coleman, MI 48618
This exceptional offering presents three contiguous vacant lots totaling approximately 1.156 acres, ideally situated in Coleman, Michigan. The property boasts a strategic location less than five miles from Coleman's vibrant downtown area and in close proximity to US-10, providing convenient access to regional transportation networks. The lots are zoned R-1, allowing for single-family residential development, with the possibility of R-2 zoning, opening doors to multi-family residential projects. This presents a unique opportunity for developers seeking to capitalize on the growing demand for housing in this area. The individual lot sizes are approximately 0.83 acres, 0.79 acres, and 0.36 acres, offering flexibility for various development scenarios. The parcels are identified by APN numbers 170-006-000-551-00
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.