Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Commercial land

    601 W Allegan St, Plainwell, MI 49080

    0.33 ac lot
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US43-2104069
    Property summary
    AI-generated overview

    This exceptional commercial land offering presents a rare opportunity in the thriving Plainwell submarket. Comprising two parcels totaling 0.533 acres, this property boasts excellent visibility and accessibility. The larger parcel measures 110 feet of frontage along Allegan Street by 132 feet deep, encompassing 0.333 acres. The second parcel, situated at 66 feet of frontage by 132 feet deep, adds another 0.20 acres to the total. The strategic corner location provides a high-traffic stoplight access point, ensuring maximum exposure for any development. Its proximity to Interstate 131 (within a quarter-mile) offers unparalleled convenience for commuters and businesses alike. The property is currently vacant, presenting a blank canvas for build-to-suit projects or land lease arrangements. Zoned for commercial use, this land is ideally suited for a variety of ventures. The APN numbers are 55-190-056-00 and 55-190-058-00. This property is situated within the Plainwell, Otsego, Allegan, and Kalamazoo submarket cluster, offering access to a robust regional economy and diverse customer base. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area. The cross street is Prince Street.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.33 ac (14,505 SF)
    APN 55-190-056-00
    UPID US43-2104069
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Plainwell 601 LLC · 12 yrs held
    Plainwell 601 LLC
    since 2013
    1 recorded transaction
    2013
    $144,117
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message