Property summary
This exceptional 9.64-acre parcel in Kalkaska, Michigan, presents a unique opportunity for industrial development. Located at 616 Dresden Rd, 49646, this property is zoned LIW (Light Industrial & Warehouse), specifically permitting non-open-air cannabis cultivation with unlimited license stacking. This makes it exceptionally well-suited for greenhouse or hoop house operations. The site also offers significant potential for other light industrial and warehouse uses. While currently lacking on-site utilities, water, sewer, and electric connections are readily accessible nearby, simplifying infrastructure development. The property's strategic location offers convenient access to a thriving commercial area, with numerous national and local retailers operating in the immediate vicinity. Furthermore, its proximity to Traverse City (approximately 25 miles, a 40-minute drive to Cherry Capital Airport - TVC) provides excellent regional connectivity and access to Northwest Michigan's premier airport. This versatile property offers a compelling investment opportunity for businesses seeking a strategically located and zoned industrial site in a growing market. The asking price for this exceptional property is $350,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight