Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial real estate

    3776 Jebavy Dr, Ludington, MI 49431

    1,600 SF 1.31 ac lot Built 1949
    Property ID
    US43-2848207
    Property summary
    AI-generated overview

    This exceptional 1.31-acre commercial property in Ludington, Michigan, presents a unique investment opportunity. Located at 3776 N Jebavy Dr, this 1,600 square foot building, constructed in 1949, sits on a sizable lot (approximately 188 x 300 feet, totaling 57,064 square feet) and is currently vacant, offering flexibility for various commercial uses. The property features a single building with seven units, a concrete driveway, and block/concrete exterior. The interior requires renovation, but the prime location on a busy corner ensures high visibility and traffic. Utilities available include cable, electricity, and natural gas. The property utilizes a septic system and well water, with forced-air natural gas heating. The building's foundation is slab, and the roof is composition. Zoned for commercial use, this property is priced at $149,900 ($79.69 per square foot) and offers potential for significant return on investment. Cash and other purchase terms are available. The property is easily accessible and ready for immediate development. This is a rare chance to acquire a substantial commercial property in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1949
    Total area 1,600 SF
    Lot 1.31 ac (57,064 SF)
    UPID US43-2848207
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message