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    890 Island Lake Rd Kalkaska, MI 49646

    Sponsored
    For Sale
    $749,999

    9-Acre Industrial Site, 14,835 sq ft Building

    Property size:
    14,835 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 9-acre industrial property in Kalkaska, MI, presents a compelling investment opportunity. The property boasts a substantial 14,835 square foot commercial building, ideally suited for a variety of industrial uses. The building is exceptionally well-maintained and includes numerous offices, a fully equipped kitchen area, and convenient restroom/locker room facilities. Adding to its versatility, a 135-foot tower with existing cable and antenna infrastructure is also included. The property is zoned "light industrial," ensuring flexibility for various business ventures. Its prime Kalkaska location offers excellent accessibility and visibility. The seller is willing to facilitate a survey and consider dividing the property, subject to agreeable terms and conditions. This presents a unique chance to acquire a substantial industrial property with significant potential for expansion or subdivision, making it an attractive prospect for both established businesses and forward-thinking investors. The property's size, existing infrastructure, and desirable location combine to create a truly exceptional opportunity in the thriving Kalkaska market. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 890 Island Lake Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    14,835 SF
    Lot Size
    392,040 SF

    Building Details

    Year Built
    1979
    Property Profile Location Intelligence

    Current Use by Public Records

    Kalkaska County Emergency ... Public Safety Office Kalkaska County 911 Fire Station Kalkaska County Central ... County Government Office Kalkaska County Housing ... County Government Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalkaska
    County
    Kalkaska
    State
    Michigan
    Longitude
    -85.19137
    Latitude
    44.72894

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    FAQs

    What type of property is this?
    Industrial property - 9-Acre Industrial Site, 14,835 sq ft Building
    Where is this industrial property located?
    The property is located at 890 Island Lake Rd Kalkaska, MI.
    What is the asking price?
    The asking price for this property is $749,999.
    (231) 941-4500
    Request Owner's contact information
    890 Island Lake Rd Kalkaska, MI 49646
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    Kalkaska, MI 49646
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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
    890 Island Lake Rd Kalkaska, MI 49646
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