1951 Reading Ave, Hillsdale, MI 49242
This exceptional 11.29-acre property in Hillsdale, MI, presents a remarkable business or development opportunity. The site boasts a substantial 9,300-square-foot building, comprising 2,500 square feet of office space and 6,800 square feet of warehouse space. Previously utilized as a fully operational metal recycling facility, the property is equipped with truck scales conveniently located at the road frontage on busy W Reading Road. Multiple access points from W Reading Road provide excellent maneuverability and accessibility. The relocation of the former metal recycling operation to Allen, MI, motivates the sale of this versatile property. The expansive acreage and existing infrastructure offer a multitude of possibilities. Imagine developing self-storage units, establishing a new industrial operation, or even reviving the metal recycling business. The strategic location and ample space ensure significant potential for a wide range of commercial ventures. This property is ready for its next chapter, offering a unique blend of existing structures and substantial land for expansion or redevelopment. The possibilities are truly endless. This is a rare opportunity to acquire a substantial property in a desirable location with significant upside potential.
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
Similar Nearby for Sale
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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.