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    OFF-MARKET
    Industrial properties

    0000 Kellogg Dr, Reading, MI 49274

    4,987 SF 35 ac lot Built 2021
    Property ID
    Property summary
    AI-generated overview

    This exceptional 35-acre industrial property in Reading, Michigan, presents a unique investment opportunity. The 4,987 square foot building is ideally configured for a thriving business, currently equipped for agricultural production and wholesale distribution. The facility boasts three active grow rooms, one inactive grow room with income potential, a dedicated drying room, a trim room, and a spacious shop area complete with an overhead door. Ample outdoor growing space complements the indoor facilities. The property comprises seven separate, individually taxed parcels, initially planned for residential development. This offers significant flexibility for future expansion or alternative uses, maintaining the potential for residential development given their individual tax status. The location provides convenient access to several recreational lakes, offering a desirable combination of business and leisure opportunities. The sale includes the complete inventory, providing a turnkey operation for a new owner. This property is priced at $999,000.

    Property profile
    Verified
    Property type Industrial properties
    Year built 2021
    Total area 4,987 SF
    Lot 35 ac (1,524,600 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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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