5239 Coleman Rd, Coleman, MI 48618-9414
This exceptional 8.82-acre vacant commercial land parcel presents a remarkable development opportunity in Coleman, Michigan. Located at 5239 N. Coleman Rd, this property boasts a highly desirable C-2 (General Commercial) zoning designation, opening doors to a wide array of commercial ventures. Situated conveniently near US-10, providing easy access to major transportation routes, and within a 10-minute radius of Coleman's downtown area, this site benefits from excellent visibility and proximity to local amenities. The land itself is largely raw, although some minimal upkeep has been performed by the owner for presentation purposes. The property's APN is 160-019-100-201-00. Its strategic location, coupled with its substantial size and versatile zoning, makes it an ideal investment for developers seeking to capitalize on the area's significant growth potential. The asking price for this prime commercial land is $399,900. This represents a unique chance to acquire a substantial parcel in a thriving Michigan community. Don't miss this chance to secure a piece of Coleman's future.
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dg market Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.