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    57 Chippewa River Rd Midland, MI 48640

    Sponsored
    For Sale
    $250,000

    8.5-acre industrial site, 13,000+ sq ft buildings.

    Property size:
    13,050 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8.5-acre industrial property in Midland, MI, presents a compelling investment opportunity. Located on the Chippewa River, the site boasts over 13,000 square feet of existing building space, currently occupied by Midland Iron Works. The property's industrial zoning allows for a variety of potential uses, subject to Township approval. The existing structures provide a solid foundation for immediate use or redevelopment. Detailed environmental assessments are already completed, with Phase I and II environmental site assessments finished, and exterior Phase III completed. The expansive acreage offers ample room for expansion or the development of new facilities. This prime location on the Chippewa River provides excellent access to transportation routes and utilities. The property's size and existing infrastructure make it an ideal choice for businesses seeking a substantial footprint in a desirable Midland location. Serious inquiries are encouraged to explore the possibilities and submit proposals for future use, which will be reviewed by the Township for approval. This is a rare opportunity to acquire a significant industrial property with substantial existing buildings and ample land in a thriving Michigan community.

    Property Features for 57 Chippewa River Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    13,050 SF
    Lot Size
    370,260 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Midland Iron Works Iron Works

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Hair Salon Gym & Fitness Storage Facility Car Rental Bakery Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.37025
    Latitude
    43.59602

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    FAQs

    What type of property is this?
    Industrial property - 8.5-acre industrial site, 13,000+ sq ft buildings.
    Where is this industrial property located?
    The property is located at 57 Chippewa River Rd Midland, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    (989) 686-3400
    Request Owner's contact information
    57 Chippewa River Rd Midland, MI 48640
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    Midland, MI 48640
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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
    57 Chippewa River Rd Midland, MI 48640
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