156 10th St Plainwell, MI 49080-9746
Property profile & analytics
156 10th St Plainwell, MI 49080-9746
- Flex space
- 14,221 SF
- 0.38 lot acres
Property ID
US43-2694407
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.
Location Intelligence
Current Use by Public Records
- Fusion Flexo / Corporate Office
Property Details for 156 10th St
- Year built
- 1965
- Lot size
- 0.38 lot acres
- Property size
- 14,221 SF
- Property type
- Flex space
- APN
- 08-032-012-00
- APU
- 803201200
Description
This exceptional industrial warehouse, located at 156 10th St, Plainwell, MI 49080, presents a compelling investment opportunity. The property boasts 14,221 square feet of space on a 1.34-acre lot, offering ample room for various industrial operations. Built in 1965 and renovated in 2008, the warehouse is zoned C-2, providing flexibility for a range of permitted uses. The asking price is $550,000, translating to a price per square foot of $38.68. The property features a single tenancy with a net-net lease in place for a 5-year term commencing April 1, 2024, and expiring March 31, 2029, leaving approximately 4.4 years remaining on the lease. The property's strategic location offers easy access to Highway 131, approximately 5 minutes away, enhancing its logistical advantages. The property's parcel numbers are 08-032-012-00 and 08-032-011-10. While the warehouse does not have dock-high doors, its substantial size and prime location make it an attractive proposition for businesses seeking a well-maintained industrial space in Allegan County, Michigan. This is a rare opportunity to acquire a well-positioned industrial asset with a strong lease in place.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $465,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,110,000
- 6.5%
- $1,025,000
- 7%
- $950,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,105,000 Current use
- AUTO REPAIR, GARAGE
- $1,005,000 Change: -9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plainwell
- County
- Allegan
- State
- Michigan
- Longitude
- -85.6402
- Latitude
- 42.4324
- 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
$9,776
$8,000
$213,800
$221,800
-
$16,000
$427,600
$443,600
