Retail Development

Investment Overview

SVN | Stewart Commercial Group is proud to present a 38.73± acre parcel of vacant land inside the City of Jonesville, Hillsdale County — Section 5, Fayette Township. The site is irregular in shape, level to gently rolling, and bordered by open fields and residential use, with frontage along the primary north–south route through the city. Public water and sanitary sewer are available at the property line and the street is paved and publicly maintained. The parcel is offered at $1,600,000 — $41,312 per acre, a basis well under the per-acre prices smaller commercial parcels have commanded in the same market. Retail development is the site’s highest and best use: the frontage and depth accommodate a pad-and-anchor layout with multiple access points, and water and sewer at the property line shorten the runway to a first vertical. The offering works equally well for an investor land banking acreage in a growth corridor

Investment Highlights

• 01 Generous frontage on Olds Street (M-99), the primary
• north–south route through Jonesville, supporting
• visibility and multiple curb cuts
• 02 Public water and sanitary sewer are available at the
• property line, removing the largest unknown in a
• ground-up budget
• 03 Level to gently rolling topography with no adverse
• easements or encroachments noted, simplifying grading
• and layout
• 04 Highest and best use is retail development — frontage,
• depth, and municipal services support a pad-andanchor layout inside city limits
• 05 Hillsdale College is 3.6 miles southeast on M-99, with
• enrollment growth and continuous campus construction
• since 2024 driving demand in the corridor — see page 9
• 06 National retailers have committed to this trade area in
• recent years — Meijer built 2024, Aldi and KFC built
• 2025, Marshalls opened 2026
• 07 Outside any FEMA special flood hazard area — Zone X
• on panel 26059C0156D, effective February 19, 2014
• 08 Real estate taxes of $3,062 keep carrying costs low for
• a phased development or a straight land-bank hold