Property profile

825 Us Hwy 10th 31 Scottville, MI 49454

OFF-MARKET
Commercial real estate
Property ID
US43-3548715
10.7 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,200 square foot commercial building sits on a 1.58-acre lot in Scottville, Michigan, at 825 US Highway 10. The property boasts a prime location with high traffic visibility, making it ideal for a variety of businesses. The building offers two distinct spaces, previously utilized as a dentist's office (upper level) and a medical office (lower level). These spaces can be used independently or combined to create a larger area, offering flexibility for potential tenants or owners. The property features a strong rental history, demonstrating its appeal and consistent demand. An added benefit is an additional 200 feet of commercial frontage already available, expanding the potential for further development or leasing opportunities. The ample acreage provides significant space for storage units, future building expansion, or other supplementary uses. This property presents a compelling investment opportunity for business owners and investors alike, conveniently located just minutes from Ludington, downtown Scottville, and the Pere Marquette River. The building is ready for immediate occupancy and presents a rare chance to acquire a well-established commercial property in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 10.7 ac (466,092 SF)
APN 001-014-028-00
UPID US43-3548715

Cap rate & NOI

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

Location

825 Us Hwy 10th 31 Scottville, MI 49454-9601
Scottville metro Census 950600 LUDINGTON, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

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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