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    1 Kasper Dr Paw Paw, MI 49079

    Sponsored
    For Sale
    $226,900

    3.72 Acres, Heavy Commercial Zoning, MI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3.72-acre parcel of commercial land presents a prime development opportunity in Paw Paw, Michigan's thriving industrial park. Located at 1 Kasper Drive, this flat, easily developable site boasts convenient access to sewer and a well water supply. The property's APN is 801401402755 and is zoned HCI (Heavy Commercial Industrial), allowing for a wide range of uses, including traditional warehouse and manufacturing facilities. A significant advantage is the zoning's inclusion of growing, processing, testing, and transporting cannabis. Situated next to the Coca-Cola Company, this location offers excellent visibility and accessibility. The land is largely clear of trees, maximizing usable space, with only minimal municipal setbacks to consider. This property represents a rare chance to acquire a well-situated, versatile industrial site in a rapidly growing area. The asking price is $226,900. The property is located in Van Buren County, Michigan, with a zip code of 49079.

    Property Features for 1 Kasper Dr

    General Information

    Property type
    Land
    Lot Size
    162,043 SF

    HighLights

    • 3.7‑acre parcel.
    • Level, readily developable site.
    • Sewer and well water available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Garden Center Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Paw Paw
    County
    Van Buren
    State
    Michigan
    Longitude
    -85.9151307
    Latitude
    42.212417

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    FAQs

    What type of property is this?
    Land - 3.72 Acres, Heavy Commercial Zoning, MI
    Where is this land located?
    The property is located at 1 Kasper Dr Paw Paw, MI.
    What is the asking price?
    The asking price for this property is $226,900.
    What are key features of this property?
    This property features: 3.7-acre parcel.; Level, readily developable site.; Sewer and well water available.
    Request Owner's contact information
    1 Kasper Dr Paw Paw, MI 49079
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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
    1 Kasper Dr Paw Paw, MI 49079
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