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8000 East Pickard Road
Mount Pleasant, MI 48858
Asking Price
$3.01M
Asset Type
Commercial Land
Class
Class B
What's Special
8000 East Pickard Road, Mount Pleasant, MI 48858 <ul><li>Located on a Hard Corner</li><li>Lot Splits Available</li><li>Proximity to Soaring Eagle Casino & Resort</li><li>1,400 Ft. of Frontage on M-20 (Pickard Road), a 4-Lane Arterial Providing Strong Visibility and Traffic Exposure</li><li>Development-Ready Topography and Utilities Strategic Commercial Acreage with Conceptual Site Plans Low Development Cost and Cooperative Local Governance</li><li>Large-Scale, Mixed-Use Development Opportunity (65.79+/- Acres): The property comprises 20.
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NOI
$80,000
Cap Rate
2.66%
DSCR
0.45
Underwater
Cash-on-Cash
-10.93%
Monthly Payment
$14,891.838
Annual Cash Flow
$-98,702.052
