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    FOR SALE
    Commercial real estate

    4877 W River Dr NE, Comstock Park, MI 49321

    3.2 ac lot
    Property ID
    US43-0655979
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.2 ac (139,392 SF)
    UPID US43-0655979
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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