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    OFF-MARKET
    Commercial real estate

    5170 Rifle Riv Trl, Alger, MI 48610-9343

    3,474 SF 4.2 ac lot Built 1977
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-2860350
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Primary Care Medical Clinic
    • Deborah Richardson Physician
    • Hickman David MD Physician
    • Anderson Delinah M Employment Agency
    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
    R & R CLINICS LLC
    R & R CLINICS LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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