Property profile

1324 State St Belding, MI 48809

OFF-MARKET
Commercial real estate
Property ID
US43-4277004
1,980 SF Built 2005
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This Belding, MI property offers a unique investment opportunity. The 1,980 square foot industrial building comprises four identical 2000 square foot units, each with its own parcel number, allowing for flexible combination or individual sale. Currently, all four units are shells, providing a blank canvas for build-to-suit development tailored to specific business needs. The property boasts ample parking, prominent signage opportunities, and attractive green space, enhancing curb appeal and tenant appeal. The flexible zoning allows for a variety of uses, including office, retail, or hospitality establishments. This presents a significant advantage for investors seeking diverse tenant options or the potential for long-term lease agreements. The location in Belding, MI offers access to local amenities and transportation networks. The "as-is" availability allows for immediate occupancy and customization, while the build-to-suit option caters to specific business requirements. This property is ideal for developers, investors, or businesses seeking a versatile and adaptable space in a convenient location. The individual parcel numbers offer significant flexibility for future development or sale. The combination of ample parking, signage, and green space makes this an attractive and functional property.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 1,980 SF
Zoning code B-2
APN 34-401-300-000-002-03
UPID US43-4277004

Cap rate & NOI

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

Location

1324 State St Belding, MI 48809-9299
Belding metro Census 30300 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Zoning & alternative use

B-2 · Belding, MI
Zoning description

This district is intended to accommodate uses which can provide office, personal services, convenience (day-to-day), and comparison commercial goods for visitors to and residents of Belding. It will be established primar…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1324 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message