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    OFF-MARKET
    Industrial properties

    9698 River St, Clay, MI 48001

    2,100 SF 4.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This unique 4.7-acre industrial property in Clay, Michigan, presents a compelling investment opportunity. The site boasts a diverse range of income-generating assets, including twelve full hook-up camper sites, each equipped with separate water meters and electricity. These sites are nearly fully rented, providing immediate cash flow. The property also includes three residential units: two one-bedroom homes (one potentially convertible to two bedrooms), and a three-bedroom rental home featuring central air and recent remodeling. A substantial 40x60 pole barn with a finished upper level adds significant versatility. This building is equipped with central air, gas forced air heating, water, electricity, a cement floor, and a half-bath. Further enhancing the property's utility are a public restroom building with laundry hookups, a shed, and a separate storage building. The main residence offers three bedrooms, one and a half bathrooms, a family room, a den, granite countertops, laminate flooring on the main level, included appliances, and central air conditioning. Exterior access stairs lead to an upper-level bedroom. A key feature is the property's prime riverfront location on the North Channel, offering stunning views of passing freighters thanks to an existing seawall. The property's rear abuts the Rail to Trails bike path, and Algonac State Park is conveniently nearby. The property includes three separate parcel IDs: 14-487-022-000, 14-487-023-000, and 14-487-024-000. The total square footage is approximately 2,100 square feet. Potential buyers are responsible for verifying all square footage, information, dimensions, and environmental factors as deemed necessary.

    Property profile
    Verified
    Property type Industrial properties
    Total area 2,100 SF
    Lot 4.7 ac (204,732 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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