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    Marine City Hwy Casco, MI 48064

    Sponsored
    For Sale
    $1,395,000

    13.59 Acres, Light Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13.59-acre commercial land parcel presents a remarkable investment opportunity in Casco, Michigan. Ideally situated on Marine City Highway, this property boasts a Light Industrial zoning designation, opening doors to a wide array of development possibilities. The asking price is $1,395,000, translating to a land value of $2.36 per square foot. Utilities are conveniently located across the street, simplifying infrastructure connections and reducing development costs. The property's expansive size provides ample space for various projects, from warehousing and manufacturing to distribution centers and other industrial uses. Its strategic location offers easy access to major transportation routes, enhancing logistical efficiency and market reach. The parcel's APN is 12-033-4005-000, providing straightforward identification for due diligence and transaction processes. This is a rare chance to acquire a substantial, well-positioned industrial land holding in a thriving Michigan community. The property is ready for immediate development, making it an attractive option for both established businesses and forward-thinking investors seeking significant returns. Don't miss this opportunity to secure a prime piece of commercial real estate in St. Clair County. The zip code is 48064.

    Property Features for 0 Marine City Hwy

    General Information

    Property type
    Land
    Lot Size
    591,980 SF

    HighLights

    • 13.59‑acre parcel available for sale or lease.
    • Light Industrial zoning.
    • Utilities readily accessible across the street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Casco
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.6707575
    Latitude
    42.7230234

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    FAQs

    What type of property is this?
    Land - 13.59 Acres, Light Industrial Zoning
    Where is this land located?
    The property is located at Marine City Hwy Casco, MI.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: 13.59-acre parcel available for sale or lease.; Light Industrial zoning.; Utilities readily accessible across the street.
    Request Owner's contact information
    Marine City Hwy Casco, MI 48064
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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
    Marine City Hwy Casco, MI 48064
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