Property profile

5170 Rifle Riv Trl Alger, MI 48610

OFF-MARKET
Commercial real estate
Property ID
US43-2860350
3,474 SF 4.2 ac lot Built 1977
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 5170 Rifle River in Alger, Michigan, presents a unique investment opportunity. Boasting over 3,400 square feet of prime commercial space in a brick and mortar building, this property sits on a generous 4.59-acre lot. A significant advantage is the premium road frontage exceeding 500 feet along the Rifle River Trail, ensuring high visibility and accessibility. The property's strategic location places it directly across the road from a township park, providing convenient access to recreational amenities and attracting significant foot traffic. Furthermore, the proximity to the beautiful Lake Ogemaw and its residents, just a short drive towards M-55 and the county fairgrounds, guarantees a consistent flow of potential customers. This high-traffic area is ideal for a diverse range of businesses, offering substantial potential for growth and profitability. The building's substantial size and prime location make it an attractive prospect for entrepreneurs seeking a well-established presence in a thriving community. The property's combination of size, location, and visibility makes it a truly exceptional commercial opportunity. This is a rare chance to acquire a significant commercial property in a desirable location with excellent potential for a variety of business ventures. Don't miss this chance to establish your business in a vibrant and growing area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Total area 3,474 SF
Lot 4.2 ac (182,952 SF)
APN 010-028-015-00
UPID US43-2860350

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Physician
  • Employment Agency

Location

5170 Rifle Riv Trl Alger, MI 48610-9343
Alger metro Census 950600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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