4235 Isabella Rd, Shepherd, MI 48883-8617
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.