919 Marshall St, Allegan, MI 49010
For Sale
1 / 8
This exceptional 0.57-acre industrial parcel at 919 Marshall Street in Allegan, Michigan, presents a unique redevelopment opportunity. Currently undergoing site preparation, the property is cleared of existing structures and ready for immediate development. The site's prime location adjacent to a McDonald's restaurant ensures high visibility and significant traffic exposure, with over 15,000 vehicles passing daily. This translates to exceptional potential for a wide range of commercial ventures. The lot is zoned for commercial use and can accommodate a new building of up to 5,000 square feet, offering the possibility of incorporating a drive-thru feature. This is a rare chance to secure one of the last remaining prime commercial spaces in Allegan, offering significant potential for return on investment. The property boasts a total area of 540 square feet and is listed at $350,000. This price reflects the land's significant value and redevelopment potential, making it an attractive proposition for discerning investors and developers seeking a high-traffic, highly visible location in a thriving community. The seller is actively preparing the site for immediate construction, minimizing delays and maximizing the opportunity for swift development.
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
Similar Nearby for Lease
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.