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    OFF-MARKET
    Commercial land

    934 Marshall St, Allegan, MI 49010-1662

    1.96 ac lot
    Individually Owned 19-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-2390291
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    RODNEY A JENNINGS
    RODNEY A JENNINGS
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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