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Property profile & analytics
FOR SALE
Commercial real estate

230 S Abbe Rd Fairview, MI 48621

40 ac lot
Entity Owned Free & Clear
Property ID
US43-3661142
Property summary
AI-generated overview

Exceptional opportunity to acquire a 40-acre commercial property in Fairview, Michigan, located at 230 S Abbe Road, zip code 48621. This remarkable parcel adjoins over 150,000 acres of state and federal land, offering unparalleled access to natural resources and recreational opportunities. The property boasts five existing buildings in excellent condition (except for one garage needing new shingles), presenting a multitude of development possibilities. A 750 sq. ft. house with a full walkout basement overlooking the Comins Creek Valley provides comfortable living quarters. A substantial 4486 sq. ft. warehouse, fully insulated and heated, includes a kitchen, bath, and a 4-car garage. Additional structures include a 576 sq. ft. bunkhouse, a 24x40 garage, and an 18x72 building suitable for various uses. The property's history includes use as a railroad exhibit, with existing paths following the former tracks. Currently utilized as a mail-order distribution center, the business, inventory, and personal property will be removed prior to sale; shelving and furniture may remain. The asking price is $750,000. This versatile property is ideal for a religious retreat, horse ranch, hunting lodge, recreational club, or business retreat. Its unique features and expansive acreage offer endless potential for a wide range of commercial ventures. Directions: M-18 North, East on M-72 to McKinley, right on McKinley, left on Abbe.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 40 ac (1,742,400 SF)
APN 006-303-003-25
UPID US43-3661142
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
RIO AUSABLE RAILROAD ENTERPRISES INC
RIO AUSABLE RAILROAD ENTERPRISES INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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