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Property profile & analytics

1171 M 89 Plainwell, MI 49080-1172

  • Auto shops
  • 4,160 SF
  • 0.45 lot acres
OFF-MARKET
Last Sale
Jan 22, 2024
Value Estimations
$315,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-2230241
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Auto shops

Property Details for 1171 M 89

Year built
1900
Lot size
0.45 lot acres
Property size
4,160 SF
Property type
Auto shops
APN
08-019-013-10
APU
801901310

Description

This exceptional 0.45-acre industrial property in Plainwell, Michigan, presents a unique investment opportunity. Situated at the entrance to a Meijer supermarket and adjacent to a Starbucks and T-Mobile, this high-traffic location boasts unparalleled visibility and accessibility. The 6,120-square-foot building is available for purchase, offering significant potential for various commercial uses. Importantly, the existing business operating within the building is not included in the sale, providing flexibility for the new owner. A key feature is the inclusion of 1,130 square feet of ground-floor retail/office space, ideal for a variety of businesses. An optional second-floor storage area is also available, adding to the property's versatility. Note that the retail/office space is only available for lease if the entire building is purchased. This property represents a rare chance to acquire a well-positioned industrial site in a thriving commercial area, offering immediate access to a major highway (US-131) and surrounded by established national brands. The combination of high visibility, ample space, and strategic location makes this an attractive proposition for discerning investors and businesses seeking a prime location in Plainwell.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $315,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $293,000
    Market price range: $195k - $482k
    AI Estimate
    $361,000
    Market price range: $192k - $546k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Plainwell
County
Allegan
State
Michigan
Longitude
-85.6585
Latitude
42.4502
CBSA code
26090
CBSA name
HOLLAND, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,035
$48,100
$71,500
$119,600
-
$96,200
$143,000
$239,200
More about this property
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