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    11312 Ellsworth Rd Ellsworth, MI 49729

    Sponsored
    For Sale
    $329,000

    Prime Industrial Land, Excellent Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional industrial property presents a unique investment opportunity encompassing over 43 acres of land. Strategically located southeast of Ellsworth, Michigan, this expansive site is comprised of two conveniently combined parcels. The larger parcel, exceeding 40 acres, features a tranquil pond, adding a unique element to the landscape. Access to this substantial acreage is facilitated by a smaller, 3-acre parcel, providing convenient entry and maneuverability. Both parcels are designated for industrial use, opening up a wide range of development possibilities. The zoning allows for diverse industrial applications, making it suitable for various businesses seeking ample space and strategic positioning. The property's substantial size and convenient access make it ideal for large-scale projects or businesses requiring extensive land holdings. The presence of the pond adds an attractive aesthetic feature, while the combined acreage offers significant potential for expansion and future development. This is a rare opportunity to acquire a significant industrial land holding in a desirable location. The property is priced at $329,000, representing a compelling value for its size, zoning, and location. Serious inquiries are encouraged to explore the full potential of this exceptional property.

    Property Features for 11312 Ellsworth Rd

    General Information

    Property type
    Industrial properties
    Lot Size
    1,877,872 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ellsworth
    County
    Charlevoix
    State
    Michigan
    Longitude
    -85.20802
    Latitude
    45.15567

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Industrial property - Prime Industrial Land, Excellent Location
    Where is this industrial property located?
    The property is located at 11312 Ellsworth Rd Ellsworth, MI.
    What is the asking price?
    The asking price for this property is $329,000.
    (231) 929-2955
    Request Owner's contact information
    11312 Ellsworth Rd Ellsworth, MI 49729
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    Ellsworth, MI 49729
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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
    11312 Ellsworth Rd Ellsworth, MI 49729
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