5 Michigan Ave Marshall, MI 49068
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.
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.