11312 Ellsworth Rd Ellsworth, MI 49729-9516
This exceptional industrial property presents a unique investment opportunity encompassing over 43 acres of land. Strategically located southeast of Ellsworth, Michigan, this expansive site is comprised of two conveniently combined parcels. The larger parcel, exceeding 40 acres, features a tranquil pond, adding a unique element to the landscape. Access to this substantial acreage is facilitated by a smaller, 3-acre parcel, providing convenient entry and maneuverability. Both parcels are designated for industrial use, opening up a wide range of development possibilities. The zoning allows for diverse industrial applications, making it suitable for various businesses seeking ample space and strategic positioning. The property's substantial size and convenient access make it ideal for large-scale projects or businesses requiring extensive land holdings. The presence of the pond adds an attractive aesthetic feature, while the combined acreage offers significant potential for expansion and future development. This is a rare opportunity to acquire a significant industrial land holding in a desirable location. The property is priced at $329,000, representing a compelling value for its size, zoning, and location. Serious inquiries are encouraged to explore the full potential of this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.