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    FOR SALE
    Warehouses

    2380 S Patterson Rd, Shelbyville, MI 49344

    1,716 SF 0.24 ac lot Built 2001
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US43-2091560
    Property summary
    AI-generated overview

    This 1,900 square foot industrial building in Shelbyville, Michigan, presents a unique investment opportunity. Located at 2380 S Patterson, the property boasts a highly desirable location within walking distance of a bank, grocery store, Gun Lake launch site, and a park. The 0.04-acre lot includes a valuable 14-foot easement providing convenient access to boat docking or direct park access, offering stunning lake views. The building's versatility allows for a range of potential uses, subject to township approval. This makes it ideal for entrepreneurs seeking a flexible space. The property is situated in Allegan County and importantly, allows for short-term rentals, expanding income potential. The asking price is $375,000, and the seller is exclusively considering all-cash offers or pre-approved financing. This prime location, combined with the building's adaptability and the added benefit of lake access, makes this an exceptional opportunity for a savvy investor. The convenience of nearby amenities further enhances its appeal. Serious inquiries only, with proof of funds readily available.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 2001
    Total area 1,716 SF
    Lot 0.24 ac (10,629 SF)
    APN 15-500-026-00
    UPID US43-2091560
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Joseph Hancock · 1 yrs held
    Joseph Hancock
    since 2025
    Last sale
    $44,000
    4 recorded transactions
    2025
    $22,000
    2022
    2022
    $44,000
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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