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Industrial Land with Utilities Available
For Sale
$53,400

202 Development Dr, Hillsdale, MI 49242

Industrial zoned land with utilities, near highways and airport.

Property SizeContact for details
Days on Market1439

Property Features for 202 Development Dr

General Information

Standard status Active
Property subtype Land
Zoning I-1 Industrial

Amenities

Power
Water
Sewer
Natural Gas
Listing Agency: Advantage Commercial Real Estate
Listed By: Duwane Suwyn · License #6501256765
Source: Carwm.resimplifi
Added: Oct 6, 2022 Changed: Sep 9 Last Checked: Sep 13 at 5:19AM

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 Advantage Commercial Real Estate

Investment Insights

Based on property information with market context.

This industrial zoned land offers a rare opportunity for acquisition, with all utilities readily available. The property benefits from great accessibility to multiple highways and is located just 3 minutes from Hillsdale Airport. Situated within a Michigan Certified Business Park, the community of Hillsdale is eager to support business growth. An Industrial Development District is in place, potentially allowing for tax abatements to qualified users.

Key Highlights

  • Industrial zoning with all utilities available.
  • Great accessibility to multiple highways.
  • Located just 3 minutes from Hillsdale Airport.

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby

Demographics for 49242, MI

14,812
Population
6,687
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
90.6 sq mi
ZIP Area
163
Density / Sq Mi
$57,813
Median Household Income
$28,886
Median Earnings
$770
Median Rent
$182,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial zoned land with utilities, near highways and airport.
Where is this industrial land located?
The property is located at 202 Development Dr Hillsdale, MI.
What is the asking price?
The asking price for this property is $53,400.
What are key features of this property?
This property features: Industrial zoning with all utilities available.; Great accessibility to multiple highways.; Located just 3 minutes from Hillsdale Airport.
More about this property
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