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Property profile & analytics
FOR SALE
Commercial real estate

210 W Park Dr Kalkaska, MI 49646

Entity Owned 2-yr Hold Free & Clear
Property ID
US43-3829286
Property summary
AI-generated overview

This exceptional 31,500-square-foot industrial building is situated on a 2.6-acre lot within the Kalkaska Industrial Park, offering a strategic location for warehouse, distribution, or manufacturing operations. The property boasts a well-maintained Butler building featuring 20-foot ceilings, providing ample vertical space for storage or equipment. A significant advantage is the inclusion of a 3-ton crane, ideal for handling heavy materials. The building's interior includes four bathrooms, an employee break room, and a locker room, catering to employee comfort and convenience. Loading and unloading are facilitated by two truck docks equipped with levelers and four ground-level overhead doors, ensuring efficient logistics. The building's layout is flexible and could easily accommodate two separate users. The property benefits from robust infrastructure, including municipal water service via an 8-inch main, sewer connection, and heavy-duty power supplied by Consumers Energy (1,000,000 KVA), along with natural gas availability. Ample parking is available on the site. Kalkaska's central location within Northwest Michigan, serving approximately 75% of the region's population, makes this property an attractive investment opportunity. The asking price is $2,550,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 041-200-004-01
UPID US43-3829286
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Murray & Murray Of Kalkaska LLC · 2 yrs held
Murray & Murray Of Kalkaska LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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