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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1146 E Caro Rd , Caro, MI 48723
$725,000
Est. Payment: $1,611.11/mo
0 Bed
0 Bath
1491 Sqft
Status: Active | Days on site: 134
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House Description

Prime Commercial Opportunity – Caro, MI | Nearly 2 Acres on M-81. Rare opportunity to own one of the last premium commercial parcels in Caro’s main retail corridor. Located at 1146 E Caro Rd (M-81) directly across from Walmart, this high-visibility property offers outstanding exposure in a rapidly growing area. Positioned on a deep ~600 ft lot totaling nearly 2 acres, this mixed-use commercial site is ideal for redevelopment. The property includes an existing commercial building (Warju’s Carpet) and a 3-bedroom, 1-bath residential home, Parcel #002035101290000, 1132 E Caro Rd (~1,200 sq ft); however, highest and best use is likely a new commercial build. With strong daily traffic counts along M-81 (estimated 10,000–14,000 vehicles per day) and surrounding national retail presence, this location provides the kind of visibility and access that is nearly impossible to find in Caro today. Sale includes real estate only; two sheds are excluded. Natural gas available. This is a standout opportunity for investors, developers, or national brands looking to secure a foothold in Caro’s busiest retail stretch.

Highlights

Listed by Traci Nelson Martin , 248-703-0035 Max Broock, REALTORS®-Bloomfield Hills , 248-644-4700.

Property Type

Commercial Sale

Lot/Acreage
1.76

Year Built

1950

County

Tuscola

Neighborhood

Almer Twp

School District

Caro

Listing ID

20261030847

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Well

Exterior Features

Principal Interest
$1,611
Taxes
$138

Home Price

$725,000

Loan Details

30 yrs
%

Down Payment

20%
$145,000
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Monthly Price:
$1,611.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,611.11 $137.50 $0.00 $1,748.61
Yearly $19,333.33 $1,650.00 $0.00 $20,983.33
Total $580,000.00 $49,500.00 $0.00 $629,500.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Caro, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.