4970 Commerce Dr, Ludington, MI 49431
This exceptional 3,000-square-foot industrial property, located at 4970 Commerce Park Drive in Ludington, Michigan, presents a unique opportunity for businesses seeking a versatile and modern workspace. Built in 2024, this single-story freestanding building sits on one acre of land and is zoned for industrial use within Mason County. The property boasts a 16-foot ceiling height, providing ample vertical space for storage or specialized equipment. Access is convenient with two 14x14 overhead drive-in doors. The building's flexible design includes approximately 400 square feet of office space, complete with a restroom and full HVAC system. Additional storage is available above the office area. The warehouse itself is heated, offering a comfortable and efficient work environment year-round. The property is currently vacant and ready for immediate occupancy. This is a single-tenant building, ideal for a business seeking a dedicated and private space. Exterior storage is also available. The property's location in Ludington, MI, offers easy access to transportation routes and local amenities. This is a prime opportunity to secure a newly constructed, high-quality industrial space in a desirable location.
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
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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.