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    4551 Ruth Rd Ruth, MI 48470

    Sponsored
    For Sale
    $63,900

    3,122 SF Warehouse/Flex Space - $63,900

    Property size:
    3,122 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 3,122 square foot industrial building, located at 4551 Ruth Road in Ruth, Michigan (48470), presents a unique investment opportunity. Formerly a concrete production company office and workshop, the property offers a blend of office and warehouse space. The building's interior may require some renovation depending on the intended use, allowing for customization to suit various needs. Situated in Huron County and subject only to Sherman Township taxes, this property benefits from its convenient location across from the Ruth Cooperative Elevator Company. The building's industrial zoning allows for a wide range of commercial and other potential uses. This versatile space is ideal for businesses seeking storage, workshop areas, and office accommodations. Note that an adjacent property featuring a 2,592 square foot storage shed is also available for separate purchase. The asking price for this property is $63,900. This presents a compelling opportunity for entrepreneurs and investors seeking a flexible and adaptable space in a convenient location. The property's size and zoning make it suitable for a variety of commercial applications. The potential for customization allows buyers to tailor the space to their specific business requirements. The proximity to the Ruth Cooperative Elevator Company offers potential synergies for related businesses. This is a rare opportunity to acquire a well-located industrial property at an attractive price point.

    Property Features for 4551 Ruth Rd

    General Information

    Property type
    Flex space
    Square Feet
    3,122 SF

    HighLights

    • $63,900 asking price.
    • 3,122 square foot industrial building on land.
    • Located at 4551 Ruth Road, Ruth, MI 48470.
    • Formerly a concrete production company office/workshop; requires some interior updates.
    • Versatile commercial use potential with industrial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ruth Drain Tile ... Concrete Contractor

    Suggested Use

    Storage Facility Bar & Pub Convenience Store Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ruth
    County
    Huron
    State
    Michigan
    Longitude
    -82.7398766
    Latitude
    43.7140923

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    FAQs

    What type of property is this?
    Flex space - 3,122 SF Warehouse/Flex Space - $63,900
    Where is this flex space located?
    The property is located at 4551 Ruth Rd Ruth, MI.
    What is the asking price?
    The asking price for this property is $63,900.
    What are key features of this property?
    This property features: $63,900 asking price.; 3,122 square foot industrial building on land.; Located at 4551 Ruth Road, Ruth, MI 48470.
    Request Owner's contact information
    4551 Ruth Rd 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
    4551 Ruth Rd Ruth, MI 48470
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