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Property summary
This expansive industrial property, located at 1430 S 3rd in Niles, Michigan, sits on a sizable 4.6-acre lot and offers a unique opportunity for a variety of businesses. The property comprises two main buildings. Building 1, totaling approximately 1,800 square feet, includes a dedicated laboratory, well-appointed offices, and a convenient break room. Building 2, encompassing roughly 3,000 square feet, is equipped with heating systems and specialized growing equipment, making it ideal for cultivation-related operations. Adding to the property's versatility is over an acre of greenhouses, providing ample space for plant growth and cultivation. Security features are in place, including a comprehensive security camera and surveillance system, ensuring the safety and security of the premises. The entire property is fully fenced and secured with locked access
Property profile
VerifiedCap rate & NOI
Current use
-
Big Box & Wholesale Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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