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    FOR SALE
    Commercial land

    5235 220Th Ave, Reed City, MI 49677

    12.75 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US43-3490587
    Property summary
    AI-generated overview

    This exceptional 12.75-acre commercial parcel presents a remarkable investment opportunity in Reed City, Michigan. Strategically located adjacent to US-131 and near the US-10 exit, this property boasts unparalleled visibility and accessibility. The land is zoned for commercial use, opening doors to a wide range of development possibilities. Imagine a thriving hotel, a bustling restaurant, or any number of other commercial ventures taking advantage of this prime location. The property's high visibility along US-131 ensures significant exposure to a large volume of daily traffic. Utilities are conveniently available at the street, simplifying the development process. With a total asking price of $515,000, this translates to an attractive price per acre of $40,392. The property's APN is 13 005 029 40. This is a rare chance to acquire a substantial commercial tract in a rapidly growing area. Don't miss this opportunity to secure a piece of Reed City's vibrant future. The address is 5235 S 220th Ave, Reed City, MI 49677.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 12.75 ac (555,390 SF)
    APN 13 005 029 40
    UPID US43-3490587
    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
    STEAKHOUSE BROTHERS
    STEAKHOUSE BROTHERS
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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