Property profile

934 Marshall St Allegan, MI 49010

OFF-MARKET
Commercial land
Property ID
US43-2390291
1.96 ac lot
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel presents a remarkable investment opportunity in Allegan, Michigan. Strategically located on M-89 Highway, this property boasts 254 feet of high-visibility road frontage, ensuring maximum exposure for any commercial venture. The site is ideally situated as you enter the city of Allegan, providing convenient access and high traffic volume. All city utilities are readily available, simplifying development and operational costs. This offering comprises two contiguous parcels, identified as Parcel #035137001000 and Parcel #030157001100, which are being sold together as a single unit. The combined acreage provides ample space for a variety of commercial uses, from retail establishments and restaurants to light industrial facilities or office buildings. The property's prime location and substantial size make it an attractive proposition for developers and investors seeking a strong foothold in a thriving Michigan community. The asking price of $250,000 represents a compelling value for this highly desirable commercial land offering. Don't miss this chance to acquire a significant piece of Allegan's commercial landscape.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.96 ac (85,465 SF)
APN 51-370-010-00
UPID US43-2390291

Cap rate & NOI

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

Location

934 Marshall St Allegan, MI 49010-1662
Allegan metro Census 31200 HOLLAND, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

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
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?”
You own 934 Marshall St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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