Property profile

51774 County Road 652 Mattawan, MI 49071

FOR SALE
Commercial land
Property ID
US43-Q012562
Built 1975
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51774 County Road 652, Mattawan, MI 49071 For Sale
$450,000
51774 County Road 652, Mattawan, MI 49071
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Property summary

AI-generated overview

Commercially zoned 5 acre parcel with a 3400 sq. ft. pole building with 10 to 12 foot ceilings.This property can be combined with 2 other parcels to bring the total acreage to 18.5 acres with the possibility of another 1.5 acres to make 20 acres total. Easy access to the I-94 Mattawan exit less than 1/2 mile away. Great location with lot's of potential in a growing commercial corridor. bikeScore: 28, Somewhat Bikeable walkScore: 24, Car-Dependent

Property profile

Verified
Property type Commercial land
Year built 1975
UPID US43-Q012562

Cap rate & NOI

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

Location

51774 County Road 652 Mattawan, MI 49071
Mattawan metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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