Property profile

24425 M-60 Homer, MI 49245

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This exceptional single-tenant industrial property, located at 24425 W. M-60 in Homer, Michigan (Calhoun County, zip code 49245), offers 167,042 square feet of manufacturing and warehouse space. The building features a convenient tool crib, a unisex locker room complete with private changing rooms, and abundant natural light thanks to windows throughout the plant area. The property's strategic location on M-60 provides excellent visibility and accessibility. The property type is classified as industrial, with subtypes including manufacturing, warehouse, and distribution. This presents a significant opportunity for businesses seeking a substantial and well-equipped facility. The expansive layout allows for efficient operations and potential for future expansion. The single-tenant occupancy simplifies management and provides a stable income stream. This property is situated in Calhoun County, Michigan, offering access to a robust infrastructure and workforce. The precise coordinates are 42.14763475670581 latitude and -84.82064558302562 longitude. This is an ideal location for businesses requiring significant space and convenient access to major transportation routes. The property's features, combined with its prime location, make it a highly desirable investment opportunity.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24425 M-60 Homer, MI 49245
Homer metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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