0 Sterns Rd & Us-23 Whiteford Center, MI 49267
This exceptional property offers 98.41 acres of vacant land strategically located at the intersection of Sterns Road and US-23 in Ottawa Lake, Michigan, just one mile from the Ohio border. The site is divided into three parcels, with parcels 1 and 3 currently available for purchase. One parcel encompasses 26.66 to 71.75 acres and is zoned M1, falling within the Limited Industrial District, providing immediate access to US-23 and benefiting from high traffic counts and excellent visibility. This parcel offers significant potential for industrial development. The remaining acreage is zoned for agricultural use, presenting diverse development options. The property boasts convenient access to major transportation arteries, including nearby rail access, and is in close proximity to Bedford Township. The land is priced at $49,500 per acre. Parcel numbers are 581503501900 and 581502702400. This is a rare opportunity to acquire a large tract of land with both industrial and agricultural zoning in a high-demand location. The property's strategic location and zoning make it ideal for a variety of uses, offering significant investment potential. Contact us today to learn more about this unique opportunity.
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
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.