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    Dickenson Rd Coleman, MI 48618

    Sponsored
    For Sale
    $89,900

    3.46 Acres, Light Industrial Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.46-acre vacant commercial land parcel presents a compelling investment opportunity in Coleman, Michigan. Located in Midland County, with the APN 170-007-000-430-00, this property boasts I-1 (light industrial) zoning, offering diverse development possibilities. Its prime location right off US-10 W and N. Dickenson Rd ensures excellent visibility and accessibility. Situated less than ten minutes from downtown Coleman, the land benefits from proximity to local amenities while offering significant development potential. The property is privately owned and has undergone some minimal upkeep for presentation purposes. While currently zoned I-1, potential re-zoning opportunities may exist, opening doors to a wider range of uses, including possible multi-family developments. This raw land presents a unique chance to capitalize on an area experiencing significant growth. The total acreage is 3.46 acres, making it an ideal site for various commercial ventures. The asking price is $89,900. The zip code is 48618.

    Property Features for 0 Dickenson Rd

    General Information

    Property type
    Land
    Lot Size
    150,718 SF

    HighLights

    • Vacant 3.46‑acre lot.
    • 3.46 acres of raw land, conveniently located off US‑10 highway.
    • Ten‑minute drive to downtown Coleman, MI.
    • Rezoning potential for multi‑family development.
    • Situated in a rapidly developing area with nearby amenities.
    • Currently zoned I‑1 (light industrial).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Coleman
    County
    Midland
    State
    Michigan
    Longitude
    -84.5967765
    Latitude
    43.7520867

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    FAQs

    What type of property is this?
    Land - 3.46 Acres, Light Industrial Potential
    Where is this land located?
    The property is located at Dickenson Rd Coleman, MI.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: Vacant 3.46-acre lot.; 3.46 acres of raw land, conveniently located off US-10 highway.; Ten-minute drive to downtown Coleman, MI.
    Request Owner's contact information
    Dickenson Rd Coleman, MI 48618
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    Coleman, MI 48618
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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
    Dickenson Rd Coleman, MI 48618
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