Property summary
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
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Physician
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Physician
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Employment Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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