Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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