Property profile

3994 Estey Rd Rhodes, MI 48652

OFF-MARKET
Commercial land
Property ID
US43-4341568
0.29 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity presents a substantial 2,750 square foot building situated on a highly visible 0.8-acre lot at the bustling intersection of Estey Road and School Road in Rhodes, MI. The property is zoned Business 1, offering a diverse range of potential uses. Imagine establishing a restaurant, car rental agency, or even a unique museum in this well-positioned location. Alternatively, a special use permit could allow for the conversion into a storage facility. The building itself is equipped with convenient overhead doors, ensuring easy access for various business needs. Furthermore, the property boasts a private well, septic system, and readily available gas and electric services, eliminating the need for significant infrastructure upgrades. This turnkey property is priced competitively for a quick sale, presenting a rare chance to acquire a substantial commercial space in a thriving area. The strategic location and existing infrastructure make this an ideal investment for entrepreneurs seeking a ready-to-use space to launch or relocate their business. Don't miss this opportunity to secure a prime commercial property in a high-traffic area. Contact us to schedule a viewing.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.29 ac (12,632 SF)
APN 020-022-100-002-00
UPID US43-4341568

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

3994 Estey Rd Rhodes, MI 48652-9744
Rhodes metro Census 900
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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