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    Land

    0 Allegan & Van Buren County, Allegan, MI 49010

    418.78 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 418.78-acre (+/-) portfolio in Allegan & Van Buren Counties, Michigan, presents a unique investment opportunity in the thriving blueberry industry. The property comprises nine individual tracts ranging from 4.96 acres (+/-) to 118.72 acres (+/-), offering flexibility for various investment strategies. Currently, 306.29 acres (+/-) are planted with blueberries, utilizing both drip and overhead irrigation systems. The land benefits from ideal growing conditions, including sandy soil with a pH of 4.5-5.5, high water tables, and a favorable microclimate near Lake Michigan, mitigating frost and providing optimal summer temperatures. Allegan and Van Buren Counties boast a rich agricultural heritage, with many family-run farms contributing to a reliable supply chain and agritourism opportunities. No farm lease exists for the 2025 growing season, providing immediate development potential. This portfolio is ideal for expansion of an existing operation or as a standalone investment, capitalizing on the region's established blueberry industry and favorable growing conditions. Individual tract sizes are: Tract 1: 4.96 acres (+/-)

    Property profile
    Verified
    Property type Land
    Lot 418.78 ac (18,242,057 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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