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    19131 Partello Rd Marshall, MI 49068

    Sponsored
    For Sale
    $2,500,000

    50 Acres, Residential Potential, I-94 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 50.18-acre parcel in Calhoun County, Michigan, presents a compelling investment opportunity. Located on Partello Rd in Marshall, MI 49068, this property boasts convenient access to I-94, placing it within easy reach of commuters and the amenities of Marshall. Zoned for Residential/PUD, it's ideally suited for residential development, capitalizing on the burgeoning housing market fueled by the nearby construction of the 3.5 billion dollar Blue Oval Battery Plant. This plant, situated just a few miles away, is projected to create nearly 1700 high-paying jobs by 2026, significantly increasing the demand for housing in the area. The property offers the advantage of low township taxes and approximately 2400 feet of road frontage. Its expansive size allows for the creation of large, peaceful lots, making it an attractive option for homebuyers. This prime location, combined with its zoning and proximity to major transportation routes and amenities, makes this a rare and highly desirable development opportunity. The property is currently for sale by owner and is priced at $2,500,000. Access to the property requires prior permission.

    Property Features for 19131 Partello Rd

    General Information

    Property type
    Farms
    Lot Size
    2,185,841 SF

    HighLights

    • $2,500,000 asking price.
    • 50.18‑acre land parcel.
    • Residential/PUD zoning.
    • Located in Marshall, MI, near I‑94 and I‑69, and 4 miles from the Blue Oval Battery Park.
    • Excellent potential for residential development due to proximity to new jobs and low township taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Storage Facility Wine and Liquor Store Nursing Home Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Calhoun
    State
    Michigan
    Longitude
    -84.924339
    Latitude
    42.2875971

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    FAQs

    What type of property is this?
    Farm - 50 Acres, Residential Potential, I-94 Access
    Where is this farm located?
    The property is located at 19131 Partello Rd Marshall, MI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price.; 50.18-acre land parcel.; Residential/PUD zoning.
    Request Owner's contact information
    19131 Partello Rd Marshall, MI 49068
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    Marshall, MI 49068
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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
    19131 Partello Rd Marshall, MI 49068
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