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Property profile & analytics
OFF-MARKET
Commercial real estate

1821 Ludington Dr Farwell, MI 48622

1.07 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US43-3473321
Property summary
AI-generated overview

This exceptional commercial property, located at 1821 W Ludington in Farwell, Michigan, presents a fantastic opportunity for industrial businesses. The property boasts a substantial 1,600 square foot building, ideally suited for a variety of uses. The building itself measures 40 feet by 40 feet, providing ample space for operations and storage. In addition to the main building, there is also a separate shed on the property, offering extra storage or workspace. The property sits on a generous 1.35-acre lot, providing ample room for expansion or outdoor activities related to the business. The well on the property is of unknown condition and should be inspected accordingly. This prime location in Farwell offers excellent accessibility and visibility, making it an attractive option for businesses seeking a strong presence in the area. The asking price for this exceptional industrial property is $119,900. Serious inquiries are encouraged to schedule a viewing and explore the potential of this valuable asset. Don't miss this chance to acquire a well-situated industrial property in a thriving community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.07 ac (46,609 SF)
APN 014-026-100-24
UPID US43-3473321
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
DRAKE S DILLENDER
DRAKE S DILLENDER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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