0 Hooper St, Kingsford, MI 49802
This exceptional industrial property, located at TBD Hooper St. in Kingsford, Michigan, presents a compelling investment opportunity for owner-users. The single-story, 54,300-square-foot building sits on a substantial 7-acre lot, zoned for industrial use. Constructed of steel and masonry, the facility boasts three loading docks equipped with three dock-high doors, ensuring efficient material handling. The property includes 440V electrical service and a comprehensive sprinkler system, enhancing operational capabilities and safety. Priced at $650,000, or $11.97 per square foot, this represents a significant value for a property of this size and features. The building's 54,300 square feet of air rights provide potential for future expansion or development. The property is offered as a single unit within a single building, making it ideal for a variety of manufacturing or industrial uses. The property is held under an LLC ownership structure and is currently for sale by owner. The property's location in Dickinson County, Michigan, zip code 49802, provides convenient access to transportation networks and a skilled workforce. This is a rare opportunity to acquire a well-maintained, functional industrial facility in a desirable location. The property's size, features, and location make it an attractive option for businesses seeking to expand or establish a presence in the Kingsford area.
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
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.