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    OFF-MARKET
    Industrial properties

    3898-3900 68Th St, Caledonia, MI 49316

    1,357 SF 3.45 ac lot Built 1958
    Property ID
    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
    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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