9245 Northland Dr Stanwood, MI 49346
This exceptional 2,800 square foot property, situated on a sprawling 4.29-acre lot in Stanwood, Michigan, presents a unique investment opportunity. Located on Northland Drive, the property boasts a recently remodeled multi-family home with significant potential for various commercial uses. The home itself features two separate living units, each with its own distinct advantages. The upper main level includes two bedrooms, two full bathrooms, a new kitchen, a living room with a fireplace, and a large deck. The lower level mirrors this comfort with two bedrooms, one full bathroom, and a new kitchen. Both units benefit from brand new furnaces and hot water heaters, ensuring efficient and comfortable living. Further enhancing the property's versatility are two separate driveways, two wells, and two septic systems, along with separate electrical services (easily convertible to a single system). The property also includes a three-stall garage, providing ample storage or workshop space. The wooded acreage offers additional possibilities, while the township's commercial zoning opens doors to a wide range of business ventures. Currently taxed as residential with the county, this property offers significant upside potential for the discerning investor. The highest and best use will be determined by the buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.