Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Paw Paw Commercial Land Title is generated by Realmo AI

    37111 Paw Paw Road, Paw Paw, MI 49079

    View on Map
    Claim this Listing
    For Sale
    $90,000

    COMMERCIAL - Paw Paw, MI

    Lot size:
    7.50 Acres
    Added:
    Feb 7, 2026
    Days on Market:
    94
    Last Refresh:
    May 12 at 11:06 pm

    Property Features for 37111 Paw Paw Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    80-14-014-035-01
    Lot size
    7.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    187 14-3-14 423-315 717-07+08 1400-415 1627-280 *** THAT PART OF E 1/2 OF SW 1/4 OF SEC LYING NLY OF I-94 HWY AND SELY OF CEN L OF PAW PAW RD RECL. EXCEPT E 100 FT THEREOF. *** SPLIT ON 23 MARCH 1999 FROM 80-14-014-035-00 FOR 2000.
    Tax Annual Amount
    672

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Jordan P Nemmers

    Listing agent Jordan P Nemmers License #6506042764

    Listing office Cascade Properties Rlty LLC 4935 Cascade Rd. SE, MI

    Listing date Feb 7, 2026

    MLS# 26004539 Listing URL

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 7.5 acres zoned heavy commercial and industrial
    • High traffic and exposure with I‑94 frontage
    • Zoning allows indoor and outdoor grows
    • Zoning allows dispensaries
    • Zoning allows micro business
    • Electricity Available

    Overview

    This 7.5-acre property is zoned for heavy commercial and industrial use. It benefits from high traffic and exposure due to its frontage on I-94. The zoning permits both indoor and outdoor cannabis cultivation, as well as dispensaries and micro businesses. This location is suitable for businesses seeking expansion or new establishments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Paw Paw
    County
    Van Buren
    State
    Michigan
    Longitude
    -85.907924
    Latitude
    42.206669

    Nearby Similar for Sale

    • $450,000
      2,790 SF

      Paw Paw Commercial Land Opportunity

      11+ acres with road frontage in high-traffic area.
      35553 M 43, Paw Paw, MI 49079
      View Details
    • $299,000
      3,054 SF

      Paw Paw Commercial Building on Acreage

      Commercial building with fenced storage, outbuilding, and high-traffic location.
      1011 E Michigan Avenue, Paw Paw, MI 49079
      View Details
    • $379,900
      1,885 SF

      Downtown Paw Paw Office Building

      Professional office building in downtown Paw Paw, furniture included.
      215 N Kalamazoo Street, Paw Paw, MI 49079
      View Details
    • $324,814
      3,696 SF

      Paw Paw Commercial Opportunity

      Visible storefront with acreage and pole barn near Red Arrow.
      1022 E Michigan Avenue, Paw Paw, MI 49079
      View Details
    • $450,000

      Farmhouse with Guest House on Acreage

      Large farmhouse with guest house on over 11 acres.
      35553 M 43, Paw Paw, MI 49079
      View Details
    • $139,900
      1,560 SF

      Commercial Building in Paw Paw

      Well-maintained commercial building with two units in thriving business district.
      104 Municipal Lane, Paw Paw, MI 49079
      View Details
    • $590,000

      80-Acre Land Parcel in Paw Paw

      Large land parcel for farming, hunting, recreation, and waterfront enjoyment.
      36th Avenue, Paw Paw, MI 49079
      View Details
    • $850,000

      Paw Paw I-94 Frontage Land

      Up to 7 acres available with I-94 highway frontage.
      Ampey Road, Paw Paw, MI 49079
      View Details
    • $875,000

      Paw Paw I-94 Frontage Land

      Up to 7 acres available with I-94 highway frontage.
      Ampey Road, Paw Paw, MI 49079
      View Details
    • $239,000

      Duplex in Paw Paw, Michigan

      Well-maintained duplex with reliable income in prime location.
      608 W Michigan, Paw Paw, MI 49079
      View Details
    • $215,000

      Duplex in Paw Paw, MI

      Fully rented duplex near restaurants, parks, and shopping.
      630 E Saint Joseph Street, Paw Paw, MI 49079
      View Details
    • $289,000

      40-Acre Parcel with Shop/Barn

      40-acre Paw Paw parcel with open fields and shop/barn.
      45124 41st Street, Paw Paw, MI 49079
      View Details

    FAQs

    What type of property is this?
    Commercial land - 7.5 acres of commercial land with I-94 frontage.
    Where is this commercial land located?
    The property is located at 37111 Paw Paw Road Paw Paw, MI.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: 7.5 acres zoned heavy commercial and industrial; High traffic and exposure with I‑94 frontage; Zoning allows indoor and outdoor grows
    (616) 745-5062
    We can help!
    Listing Contact
    Jordan P Nemmers
    Real Estate License ID: 6506042764
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    37111 Paw Paw Road, Paw Paw, MI 49079
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!