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    4205 M-113 Kingsley, MI 49649

    Sponsored
    For Sale
    $400,000

    4,000 sq ft flex space, highway frontage, rental income.

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional investment opportunity presents a 4,000-square-foot flex space building situated on a 2.88-acre lot in Kingsley, Michigan. The property boasts highway frontage on M-113, offering excellent visibility and accessibility. The single-story, Class C building, constructed in 1972, features a 16-foot ceiling height, a 14-foot overhead door, radiant heat, and upgraded LED lighting. The interior includes office/work rooms and a shop restroom, plus a mezzanine for additional storage or workspace. A significant advantage is the inclusion of a mobile home currently generating rental income on a month-to-month basis. The property is zoned for agricultural use and includes a pond stocked with bass, bluegill, and walleye. This multi-use property offers a unique blend of commercial and residential income potential, making it an attractive investment in a desirable location just east of Kingsley. The asking price is $400,000, representing a price per square foot of $100. The property has no loading docks or dock-high doors.

    Property Features for 4205 M-113

    General Information

    Property type
    Flex space
    Square Feet
    4,000 SF
    Class
    C
    Lot Size
    125,453 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1

    HighLights

    • $400,000 asking price for a 4,000 sq ft flex industrial building.
    • Located in Kingsley, MI, at 4205 M‑113, on a 2.88‑acre lot.
    • Class C, single‑tenant building, built in 1972, with one story and 16' ceilings.
    • Features one 14' overhead door, radiant heat, offices, and a mezzanine.
    • Includes a separately rented mobile home and a pond.
    • Zoned Agricultural.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Kingsley
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.492653698474
    Latitude
    44.584541436346

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    FAQs

    What type of property is this?
    Flex space - 4,000 sq ft flex space, highway frontage, rental income.
    Where is this flex space located?
    The property is located at 4205 M-113 Kingsley, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: $400,000 asking price for a 4,000 sq ft flex industrial building.; Located in Kingsley, MI, at 4205 M-113, on a 2.88-acre lot.; Class C, single-tenant building, built in 1972, with one story and 16' ceilings.
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    4205 M-113 Kingsley, MI 49649
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    Kingsley, MI 49649
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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
    4205 M-113 Kingsley, MI 49649
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