Property profile

3898-3900 68Th St Caledonia, MI 49316

OFF-MARKET
Industrial properties
1,357 SF 3.45 ac lot Built 1958
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Property summary

AI-generated overview

This exceptional 3.45-acre industrial property located at 3898-3900 68th Street in Caledonia, Michigan, presents a unique investment opportunity. The property boasts a 1,357 square foot building, which has been beautifully remodeled. However, the primary value lies in the expansive land itself, not the existing structure. The property's strategic location within the rapidly developing Gaines Township offers significant potential. Its proximity to major employers such as Amazon, Steelcase Wood, Switch, Roskam Bakery, and Lacks provides excellent access to a robust workforce and established infrastructure. The property includes two laterals in the street, enhancing its utility and accessibility. The current zoning is Neighborhood Commercial, but there's potential for rezoning to C-1, given the surrounding properties' classifications. This flexibility opens doors to a wide array of special use possibilities, making it an ideal canvas for various commercial ventures. The seller is offering the entire 3.45 acres as a single parcel

Property profile

Verified
Property type Industrial properties
Year built 1958
Total area 1,357 SF
Lot 3.45 ac (150,282 SF)

Cap rate & NOI

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

Location

3898-3900 68Th St Caledonia, MI 49316
Caledonia 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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