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    7036 Atwater Dr Ruth, MI 48470

    Sponsored
    For Sale
    $43,900

    2,592 SF Warehouse, Vacant Land, $43,900

    Property size:
    2,592 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity in Ruth, Michigan, presents a 2,592 square foot warehouse building situated on two irregular lots totaling more than just the warehouse footprint. Currently utilized for storage, the warehouse features five large rolling barn doors providing access to five partially separated bays, ideal for various uses. The property is zoned industrial and is subject only to Sherman Township taxes. A unique aspect of this offering is that a portion of the land extends across Atwater Drive (also known as Railroad Street). The sale includes both parcels. Beyond the existing warehouse, significant undeveloped land offers substantial potential for expansion or development to suit a wide range of commercial or industrial needs. This property is perfect for those seeking a workshop, ample storage space, or a blank canvas for a new project. Note that an adjacent property featuring a 3,122 square foot commercial building is also available for purchase separately, presenting an opportunity to acquire a larger, integrated complex. Located in the town of Ruth, this property offers a blend of existing infrastructure and significant development potential at an attractive price point of $43,900. The property's address is 7036 Atwater Drive, Ruth, MI 48470.

    Property Features for 7036 Atwater Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    2,592 SF

    HighLights

    • $43,900 asking price.
    • 2,592 square foot warehouse on industrial land in Ruth, MI.
    • Features five large rolling barn doors and five partially separate bays, currently used for storage.
    • Located in Ruth, MI (Huron County), zoned industrial, and subject to Sherman Township taxes.
    • Includes two irregular lots; a portion extends across Atwater Drive.
    • Adjacent 3,122 SF commercial building also available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Ruth
    County
    Huron
    State
    Michigan
    Longitude
    -82.7391544
    Latitude
    43.7143004

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    FAQs

    What type of property is this?
    Distribution property - 2,592 SF Warehouse, Vacant Land, $43,900
    Where is this distribution property located?
    The property is located at 7036 Atwater Dr Ruth, MI.
    What is the asking price?
    The asking price for this property is $43,900.
    What are key features of this property?
    This property features: $43,900 asking price.; 2,592 square foot warehouse on industrial land in Ruth, MI.; Features five large rolling barn doors and five partially separate bays, currently used for storage.
    Request Owner's contact information
    7036 Atwater Dr Ruth, MI 48470
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    Ruth, MI 48470
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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
    7036 Atwater Dr Ruth, MI 48470
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