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Property profile & analytics
OFF-MARKET
Land

0 Hollywood Rd St. Joseph, MI 49085

55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 55-acre parcel, located on Hollywood Road in St. Joseph, Michigan, presents a unique investment opportunity. Situated approximately one mile south of I-94's Exit 27, this B-1 zoned property boasts high visibility and convenient access to major roadways. The land is currently leased for fruit production, offering immediate income potential. Its strategic location near significant commercial development, including Panera Bread, YMCA, Corewell Health, and Roger's Foodland, underscores its immense potential for future growth. Several schools are within 400 yards, adding to its appeal. The property's natural beauty is enhanced by wooded ravines on the north and east boundaries, creating a picturesque setting. Municipal water and utilities are readily available, and a municipal sewer installation has been approved, streamlining development plans. Hollywood Road, a key thoroughfare for the Wine Trail and Whirlpool Corporation's IT center commuters, ensures high traffic volume. This property is ideal for a variety of commercial or residential projects, offering a blend of immediate income and long-term development potential. The APN is 11-17-0018-0028-02-2, 11-17-0018-0029-04-5. The asking price is $950,000. Ownership is held by Longview Agricultural Asset Management LLC.

Property profile
Verified
Property type Land
Lot 55 ac (2,395,800 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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