5644 Us Highway 31Williamsburg, MI 49690

  • Commercial land
  • 3.52 AC
For Sale
$1,499,999 View listing

Property Details for 5644 Us Highway 31

Lot size
3.52 AC
Property type
Commercial land
APN
01-103-034-00
APU
110303400

Description

This exceptional 153,331 square foot industrial property presents a compelling investment opportunity in the dynamic Acme Township area of Williamsburg, Michigan. Situated on a sizable 3.49-acre lot, the property boasts significant road frontage along the heavily trafficked US Highway 31, ensuring high visibility and accessibility for any business. The location offers unparalleled views across from the lakeshore and marina park, providing a picturesque setting and potentially enhancing brand appeal. Its convenient proximity to downtown Williamsburg further adds to its desirability. This property is ready for immediate development, having already satisfied all necessary state requirements and undergone comprehensive environmental studies. The expansive square footage allows for a wide range of industrial uses, making it suitable for various business models. The combination of prime location, substantial size, and completed due diligence makes this a truly exceptional commercial real estate offering. This is a rare chance to acquire a turnkey industrial property in a thriving area with stunning views and excellent access to transportation networks. The property's size and location make it ideal for businesses seeking a high-profile presence in a desirable Michigan community. Don't miss this opportunity to secure a significant commercial asset in a rapidly growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $32,091,122
    Hospitality
    $29,395,296
    Educational
    $24,456,540
    Medical
    $25,297,638
    Retail
    $38,043,508

Location Insight

City
Williamsburg
County
Grand Traverse
State
Michigan
Latitude
44.7688
Longitude
-85.5027
CBSA code
45900
CBSA name
TRAVERSE CITY, 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
2023
$12,494
-
-
$236,000
-
-
-
$551,456

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