96 Carleton RdHillsdale, MI 49242

  • Commercial real estate
  • 0.25 AC
For Sale
$800,000 View listing

Property Details for 96 Carleton Rd

Lot size
0.25 AC
Property type
Commercial real estate
APN
006-126-163-01
APU
612616301

Description

This exceptional 1.48-acre commercial lot presents a remarkable investment opportunity in the thriving city of Hillsdale, Michigan. Situated on the highly visible curve of M-99, a busy four-lane thoroughfare, this property enjoys unparalleled exposure to a substantial daily traffic volume. Its strategic location offers easy access to Hillsdale College, ensuring a consistent flow of potential customers and employees. The existing improvements include a small sales office and restroom, providing immediate functionality. The expansive 1.48 acres offer ample space for a variety of development projects, including national chains, gas stations, fast-food restaurants, high-profile office spaces, or a new strip center. The property's size allows for generous parking, further enhancing its appeal and functionality. This is a rare chance to acquire a prime commercial lot in a rapidly growing area with exceptional visibility and access, making it ideal for businesses seeking to establish a strong presence in Hillsdale. The 648 square foot existing building offers immediate usability while the large lot size allows for significant expansion. Don't miss this opportunity to capitalize on this high-traffic location and build your business success. The asking price is $800,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,344,404
    Hospitality
    $2,147,461
    Educational
    $1,786,662
    Medical
    $1,848,108
    Retail
    $2,779,253
96 Carleton Rd, Hillsdale, Michigan

Location Insight

City
Hillsdale
County
Hillsdale
State
Michigan
Latitude
41.9223
Longitude
-84.6301
CBSA code
25880
CBSA name
HILLSDALE, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$2,770
-
-
$50,500
-
$9,287
$91,682
$100,969

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