Property profile

0 40Th St Climax, MI 49053

OFF-MARKET
Land
25 ac lot
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Property summary

AI-generated overview

This exceptional 25-acre industrial land parcel presents a unique investment opportunity in Galesburg, Michigan. Ideally situated one mile south of I-94 at exit 88 in Charleston Township, this flat, buildable land boasts excellent topography and is ready for immediate development. The property features readily available public water, sewer, and electric service, eliminating significant infrastructure hurdles. Its strategic location places it in close proximity to established businesses such as Eaton and the Target Distribution Center, ensuring a thriving and well-connected environment. The I-94 access provides unparalleled connectivity to major transportation routes, making this an ideal site for distribution, manufacturing, or other industrial uses. This is a rare opportunity to acquire prime industrial land in a high-demand location. While this listing focuses on the 25-acre parcel, it's important to note that a total of 80 acres is available. The property is zoned I-1 and has an APN of 390828101010. The asking price for this exceptional opportunity is $1,675,000.

Property profile

Verified
Property type Land
Lot 25 ac (1,089,000 SF)

Cap rate & NOI

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

Location

40Th St Climax, MI 49053
Climax 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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