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Property profile & analytics
OFF-MARKET
Land

5 Michigan Ave Marshall, MI 49068

15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15-acre parcel of agricultural land is strategically located on V/L Parcel 5 E Michigan Ave in Marshall, Michigan, zip code 49068. Offered at $450,000, this represents a compelling price per acre of $35,000. The property's agricultural designation presents significant opportunities for farming or related ventures. While all dimensions are approximate pending a completed survey, the substantial acreage provides ample space for various agricultural uses. It's important to note that tax information is also approximate and will be finalized upon closing. Adding to its versatility, this property benefits from a light industrial overlay, opening up potential for mixed-use development, subject to local zoning regulations. The property's location in Calhoun County, Michigan, offers convenient access to local amenities and transportation networks. Buyers are encouraged to conduct their own due diligence regarding zoning and potential uses. This is a rare opportunity to acquire a sizable parcel of land with diverse potential in a desirable Michigan location. Serious inquiries are welcome.

Property profile
Verified
Property type Land
Lot 15 ac (653,400 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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