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    1821 Ludington Dr Farwell, MI 48622

    Sponsored
    For Sale
    $119,900

    Spacious Industrial Property, 1.35 Acres

    Property size:
    1,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    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 Features for 1821 Ludington Dr

    General Information

    Property type
    Industrial properties
    Square Feet
    1,600 SF
    Lot Size
    58,806 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Daycare Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Farwell
    County
    Clare
    State
    Michigan
    Longitude
    -84.88435
    Latitude
    43.84056

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    FAQs

    What type of property is this?
    Industrial property - Spacious Industrial Property, 1.35 Acres
    Where is this industrial property located?
    The property is located at 1821 Ludington Dr Farwell, MI.
    What is the asking price?
    The asking price for this property is $119,900.
    (989) 386-9840
    Request Owner's contact information
    1821 Ludington Dr Farwell, MI 48622
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    Farwell, MI 48622
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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
    1821 Ludington Dr Farwell, MI 48622
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