4144 Mt Morris Rd, Mount Morris, MI 48458-9358
This exceptional 118-acre property in Mount Morris Township, MI, presents a remarkable investment opportunity. Strategically located with nearly 1300 feet of frontage on I-75 and the Mount Morris Road exit, this land boasts unparalleled visibility and accessibility. The property includes two parcels (14-04-400-004 and 14-04-400-011), totaling 118 acres, zoned C2 and C3, allowing for diverse commercial uses. Existing improvements include a substantial 64 x 104-foot pole barn featuring six 20-foot overhead doors, 220-amp service, and a concrete slab. A 1,056 square foot office building and a billboard are also on-site. The property's prime location, combined with its existing structures and flexible zoning, makes it ideal for a wide range of commercial ventures. The asking price is $1,490,000, with a price per square foot of $1,410.98. The property was built in 2015. This is a rare opportunity to acquire a large, high-visibility commercial site in a rapidly developing area. Don't miss this chance to capitalize on the significant potential of this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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