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    OFF-MARKET
    Retail space

    4235 Isabella Rd, Shepherd, MI 48883-8617

    2,736 SF 1 ac lot Built 1932
    Individually Owned 13-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1922692
    Property summary
    AI-generated overview

    This exceptional 2-acre commercial property in Shepherd, MI, presents a remarkable investment opportunity. Located on a major state road between Midland and Mt. Pleasant, this high-visibility site boasts 43,560 square feet and offers multiple income streams. The property includes two existing storefront buildings, perfect for retail, office, or service businesses, providing immediate rental income potential. Adding to the revenue generation, two mobile homes are situated on the land, suitable for on-site housing or additional rental income. A billboard sign currently generates advertising revenue, further enhancing the property's financial returns. The C-1 zoning allows for flexible commercial uses, catering to a wide range of business ventures. The property's prime road frontage ensures maximum exposure to high traffic counts, maximizing visibility and accessibility. This versatile property offers significant development potential, allowing for expansion of existing businesses or the creation of entirely new opportunities. With its strategic location, multiple income streams, and flexible zoning, this property represents a rare chance to acquire a high-return commercial asset with significant upside. The combination of existing structures and ample land provides a unique blend of immediate income and long-term growth potential. Don't miss this chance to own a truly exceptional commercial property.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1932
    Total area 2,736 SF
    Lot 1 ac (43,560 SF)
    APN 030-015-100-400-00
    UPID US43-1922692
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    James Smith JR · 13 yrs held
    James Smith JR
    since 2013
    1 recorded transaction
    2013
    $77,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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