6819 M-37 Kingsley, MI 49649
This exceptional 1250-square-foot mixed-use unit is situated in the Mayfield Condo Barns community, conveniently located just five minutes south of Chums Corner on M-37 in Kingsley, Michigan. Boasting a generous 25' x 50' x 16' footprint, this uninsulated and unheated unit offers significant storage potential. High-quality construction is evident throughout the community, featuring 100-amp electrical service, 14' x 14' overhead doors, a 5' concrete approach, durable shingled roofs, and convenient service entrances for each unit. The reinforced concrete floors (4") provide a solid foundation, and paved roadways ensure easy access directly off M-37. While currently unheated and uninsulated, upgrades are possible to include mini-split heating and cooling, insulated overhead doors and walls, and steel-lined interior walls. Note that an upgraded, insulated, and heated unit of comparable size would have a total price of $123,900. This unit is priced at $98,900. Financing options are available. This property presents a fantastic opportunity for various uses, from storage to light industrial applications. The location offers easy access to M-37, providing excellent transportation links.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.