Property profile

5644 Us Hwy 31st N Williamsburg, MI 49690

OFF-MARKET
Commercial land
Property ID
US43-2383158
3.52 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 153,331 square foot industrial property presents a compelling investment opportunity in the dynamic Acme Township area of Williamsburg, Michigan. Situated on a sizable 3.49-acre lot, the property boasts significant road frontage along the heavily trafficked US Highway 31, ensuring high visibility and accessibility for any business. The location offers unparalleled views across from the lakeshore and marina park, providing a picturesque setting and potentially enhancing brand appeal. Its convenient proximity to downtown Williamsburg further adds to its desirability. This property is ready for immediate development, having already satisfied all necessary state requirements and undergone comprehensive environmental studies. The expansive square footage allows for a wide range of industrial uses, making it suitable for various business models. The combination of prime location, substantial size, and completed due diligence makes this a truly exceptional commercial real estate offering. This is a rare chance to acquire a turnkey industrial property in a thriving area with stunning views and excellent access to transportation networks. The property's size and location make it ideal for businesses seeking a high-profile presence in a desirable Michigan community. Don't miss this opportunity to secure a significant commercial asset in a rapidly growing market.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.52 ac (153,505 SF)
APN 01-103-034-00
UPID US43-2383158

Cap rate & NOI

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

Location

5644 Us Hwy 31st N Williamsburg, MI 49690-8910
Williamsburg metro Census 550102 TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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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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