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    4548 State Rd Ionia, MI 48846

    Sponsored
    For Sale
    $450,000

    10,904 SF Warehouse, $450,000

    Property size:
    10,904 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,904-square-foot warehouse, situated on a one-acre lot in Ionia, Michigan, presents a rare investment opportunity. Located on busy S State Road/M66, this property boasts high visibility and convenient access. Built in 1987, the single-story building features 8- to 10-foot ceiling heights, providing ample space for various uses. The property's zoning allows for a wide range of businesses, including warehouse operations, general retail, food services (including quick-service restaurants), banking, and more. This versatile space is ideal for entrepreneurs and established businesses seeking a strategic location with significant square footage. The asking price is $450,000, translating to $45.76 per square foot. This is a first-time-on-the-market opportunity for a property that has been successfully operating for over four decades. The property's address is 4548 S State Rd, Ionia, MI 48846. This prime real estate offers significant potential for growth and return on investment.

    Property Features for 4548 State Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    10,904 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1987
    Buildings
    1
    Stories
    1

    HighLights

    • 10,904 square foot building
    • One‑acre lot
    • 8‑10 foot ceiling heights
    • 1987 construction
    • $499,000 sale price ($45.76/SF)
    Property Profile Location Intelligence

    Current Use by Public Records

    cw tool supply Hardware Store C & W Tool ... Hardware Store

    Suggested Use

    Building Supply Spa & Massage Hotel & Motel Gym & Fitness Auto Parts Store Auto Repair Shop Department Store Skin Care Clinic Storage Facility Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ionia
    County
    Ionia
    State
    Michigan
    Longitude
    -85.0752224
    Latitude
    42.9218952

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    FAQs

    What type of property is this?
    Distribution property - 10,904 SF Warehouse, $450,000
    Where is this distribution property located?
    The property is located at 4548 State Rd Ionia, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 10,904 square foot building; One-acre lot; 8-10 foot ceiling heights
    Request Owner's contact information
    4548 State Rd Ionia, MI 48846
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    Ionia, MI 48846
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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
    4548 State Rd Ionia, MI 48846
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