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    OFF-MARKET
    Warehouses

    7036 Atwater Dr, Ruth, MI 48470

    2,592 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Ruth, Michigan, presents a 2,592 square foot warehouse building situated on two irregular lots totaling more than just the warehouse footprint. Currently utilized for storage, the warehouse features five large rolling barn doors providing access to five partially separated bays, ideal for various uses. The property is zoned industrial and is subject only to Sherman Township taxes. A unique aspect of this offering is that a portion of the land extends across Atwater Drive (also known as Railroad Street). The sale includes both parcels. Beyond the existing warehouse, significant undeveloped land offers substantial potential for expansion or development to suit a wide range of commercial or industrial needs. This property is perfect for those seeking a workshop, ample storage space, or a blank canvas for a new project. Note that an adjacent property featuring a 3,122 square foot commercial building is also available for purchase separately, presenting an opportunity to acquire a larger, integrated complex. Located in the town of Ruth, this property offers a blend of existing infrastructure and significant development potential at an attractive price point of $43,900. The property's address is 7036 Atwater Drive, Ruth, MI 48470.

    Property profile
    Verified
    Property type Warehouses
    Total area 2,592 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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