2042 Hov Aire Dr Three Rivers, MI 49093-1074
This exceptional 9.47-acre commercial and industrial land parcel is situated in the Airport Industrial Park of Three Rivers, Michigan, at 2042 Hov Aire Dr, zip code 49093. The property (APN 0515400910) boasts I-4 zoning, providing versatility for various uses. It's strategically located near the Indiana, Michigan, and Ohio borders, offering convenient access to regional transportation networks. The land is a corner lot and has received municipal approval for an adult-use Class C grow license, with pre-approved plans for a 30,000 square foot cultivation facility. Beyond cultivation, the I-4 zoning also permits processing, safety compliance, secure transportation, and microbusiness operations. Utilities are available at the street, although not currently connected. High-power availability has been verified through Indiana Michigan Power, and fiber optics are accessible within the park. Importantly, the Airport Industrial Park is currently at maximum capacity for cultivation and processing facilities due to city ordinances regarding distance requirements between such facilities, making this a rare opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.