4877 W River Dr NE, Comstock Park, MI 49321
For Sale
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This exceptional 3.2-acre commercial land parcel in Comstock Park, MI (49321), presents a significant redevelopment opportunity. Located at the high-traffic intersection of West River Drive NE and Pine Island Drive NE, this property boasts exceptional visibility with over 20,400 vehicles passing daily. The site consists of eleven parcels, zoned for commercial retail use, making it ideal for a variety of developments including a convenience store, gas station, restaurant, bank, car wash, or drug store. Its strategic location near US 131 Highway and Lake Michigan Credit Union Ball Park ensures high visibility and accessibility. The area is experiencing significant growth, with flourishing residential developments to the north and thriving industrial parks to the south, providing a strong and consistent customer base. This prime location offers unparalleled potential for growth and success, making it an attractive investment for discerning developers and entrepreneurs. The asking price is $3,200,000, and offers to purchase the property as a whole or in parts will be considered. This is a chance to create a landmark commercial destination in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.