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Industrial Development Land with Rail Access
For Sale
$1,600,000
Pending

1329 Wilson Rd, Spring Lake, MI 49456

40.4-acre industrial parcel bordered by US-31, Wilson Street, and a rail line, with municipal water in the Wilson right-of-way.

Property Size4,856 SF
Lot Size40.40 Acres
Days on Market704

Property Features for 1329 Wilson Rd

General Information

Standard status Pending
Size 4,856 SF
Lot size 40.40 Acres
Property subtype Land
Zoning I INDU

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Business Included Yes
Listing Agency: Capstone Real Estate, LLC
Listed By: David TenCate · License #6502325769
Source: Carwm.resimplifi
Added: Oct 9, 2024 Changed: Sep 8 Last Checked: Sep 12 at 4:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capstone Real Estate, LLC

Investment Insights

Based on property information with market context.

This 40.4-acre industrial parcel is assembled from four contiguous parcels (70-03-04-200-001; -002; -003; and -004). The property is bounded by US-31 to the east, Wilson Street to the north, and a rail line to the west. Municipal water is available in the Wilson Street right-of-way. In addition, two on-site billboards generate approximately $8,000 per year in income.

The site’s access and utilities are supported by its frontage along US-31 and Wilson Street. With the rail line on the western boundary, the property is positioned for industrial development, including use as a small industrial park.

Please note that the information provided identifies the parcel as “ripe for industrial development,” and prospective buyers should confirm development feasibility, including any permitting and site requirements, prior to closing or investing.

Key Highlights

  • 40.4‑acre industrial parcel bounded by US‑31 (east), Wilson Street (north), and a rail line (west)
  • Municipal water is located in the Wilson Street right‑of‑way
  • Two on‑site billboards generate approximately $8,000 per year in income

Property Analytics

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Current Use

A To Z Auto Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop HVAC Service Hair Salon Furniture & Home Goods Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 49456, MI

19,727
Population
9,776
Households
2
Avg Household Size
45
Median Age
47%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
780
Density / Sq Mi
$85,807
Median Household Income
$50,887
Median Earnings
$1,184
Median Rent
$294,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 40.4-acre industrial parcel bordered by US-31, Wilson Street, and a rail line, with municipal water in the Wilson right-of-way.
Where is this industrial land located?
The property is located at 1329 Wilson Rd Spring Lake, MI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 40.4‑acre industrial parcel bounded by US‑31 (east), Wilson Street (north), and a rail line (west); Municipal water is located in the Wilson Street right‑of‑way; Two on‑site billboards generate approximately $8,000 per year in income
More about this property
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