Property profile

4970 Commerce Dr Ludington, MI 49431

OFF-MARKET
Warehouses
3,000 SF 1 ac lot Built 2024
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 3,000 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

4970 Commerce Dr Ludington, MI 49431
Ludington 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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