99 Hine Dr Hillsdale, MI 49242
This exceptional 51.72-acre parcel, located at 99 Hine Dr, Hillsdale, MI 49242 (APN 30-006-221-301-02), presents a rare opportunity for industrial development. The property is zoned I-1, Light Industrial, and boasts excellent accessibility to major highways. Situated just three minutes from Hillsdale Airport, this location offers unparalleled convenience for logistics and transportation. All utilities are readily available. This site is part of a Michigan Certified Business Park, benefiting from a supportive community eager to foster growth. An established Industrial Development District provides tax abatements to qualified users, making this a financially attractive proposition. The asking price is $646,500, translating to a competitive $12,500 per acre. This substantial acreage offers significant potential for a variety of industrial uses, making it an ideal investment for businesses seeking strategic expansion or new development in a thriving Michigan community. The property's location and zoning regulations combine to create a compelling opportunity for long-term growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.