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    Beech St Owendale, MI 48754

    Sponsored
    For Sale
    Contact for pricing

    Prime Owendale commercial land, ideal for storage.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2-acre commercial property in Owendale, Michigan, presents a unique investment opportunity. Previously utilized for multifamily apartments, the site retains existing apartment footings and a paved parking lot, providing a solid foundation for various development projects. The expansive acreage offers ample space for a diverse range of uses, including self-storage facilities, boat and RV storage, or other commercial ventures requiring significant outdoor space. The property's existing infrastructure significantly reduces initial development costs. The seller will remove a shed located on the property prior to closing. This property is priced affordably at $20,000, making it an attractive proposition for investors seeking a high-return opportunity in a desirable location. The existing parking lot and apartment footings offer significant cost savings for future development. The land's size and location make it suitable for a variety of commercial uses, offering flexibility and potential for substantial returns. This is a rare opportunity to acquire a sizeable commercial parcel in Owendale at an exceptionally competitive price. Act quickly to secure this promising investment.

    Property Features for Beech St

    General Information

    Property type
    Industrial properties
    Lot Size
    87,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Owendale
    County
    Huron
    State
    Michigan
    Longitude
    -83.26406
    Latitude
    43.72911

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    FAQs

    What type of property is this?
    Industrial property - Prime Owendale commercial land, ideal for storage.
    Where is this industrial property located?
    The property is located at Beech St Owendale, MI.
    What is the asking price?
    The asking price for this property is $20,000.
    (989) 686-3300
    Request Owner's contact information
    Beech St Owendale, MI 48754
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    Owendale, MI 48754
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Beech St Owendale, MI 48754
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