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    1919 Industrial Dr Niles, MI 49120

    Sponsored
    For Sale
    $231,000

    15,000 SF Warehouse, Manufacturing, Distribution

    Property size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property in Niles, Michigan, presents a compelling investment opportunity. Located within the established Niles Industrial Park, this offering encompasses a versatile 2.2 to 9.24-acre lot zoned for industrial and cannabis uses. The property features a 15,000 square foot steel building kit already on-site, complete with an approved site plan, available for separate purchase. This pre-engineered structure offers significant cost and time savings for potential buyers. The site boasts convenient access to essential utilities, including municipal water and sewer, and benefits from readily available heavy 3-phase power. Its strategic location within the Niles city limits provides easy access to major transportation arteries, including US-12, M-60, and US-31, all within a 4-mile radius. The asking price for the land is $231,000, with a price per square foot of $15.40 based on the existing building kit's footprint. This property is ideal for businesses seeking a ready-to-develop site or a cost-effective solution for expansion in a prime industrial location. The flexible zoning allows for a variety of industrial uses, making it an attractive option for diverse business needs. The combination of land, building kit, and strategic location makes this a truly unique opportunity in the thriving Niles Industrial Park.

    Property Features for 1919 Industrial Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    15,000 SF
    Lot Size
    95,832 SF

    HighLights

    • 9.24‑acre site in Niles Industrial Park.
    • On‑site steel building kit available for separate purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Pharmacy Gym & Fitness Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Berrien
    State
    Michigan
    Longitude
    -86.2318085
    Latitude
    41.8501831

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    FAQs

    What type of property is this?
    Distribution property - 15,000 SF Warehouse, Manufacturing, Distribution
    Where is this distribution property located?
    The property is located at 1919 Industrial Dr Niles, MI.
    What is the asking price?
    The asking price for this property is $231,000.
    What are key features of this property?
    This property features: 9.24-acre site in Niles Industrial Park.; On-site steel building kit available for separate purchase.;
    Request Owner's contact information
    1919 Industrial Dr Niles, MI 49120
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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
    1919 Industrial Dr Niles, MI 49120
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