Property profile

2500 13 Mile Rd Sparta, MI 49345

OFF-MARKET
Land
Property ID
US43-1581154
121.86 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 121.86-acre commercial land parcel presents a unique investment opportunity in Sparta, Michigan. Strategically located on 13 Mile Road NW and M-37, the property offers significant frontage on major thoroughfares. The land is comprised of two distinct parcels: a 71.08-acre section zoned for light industrial use (2380 13 Mile Road), and a 50.5-acre section (2500 13 Mile Road) with Planned Unit Development (PUD) zoning. This flexible PUD zoning allows for a wide range of development options, including residential, C-1 & C-2 commercial uses, general commercial, highway commercial, and both light and heavy industrial uses. The property's versatility makes it suitable for a variety of projects, catering to diverse business needs. Convenient access to municipal utilities further enhances its appeal and simplifies development planning. The asking price for this expansive and strategically located land is $7,311,600. This presents a compelling opportunity for developers and investors seeking a substantial land holding with significant development potential in a growing Michigan market. The property's size, zoning flexibility, and prime location combine to create a truly exceptional investment prospect.

Property profile

Verified
Property type Land
Lot 121.86 ac (5,308,222 SF)
UPID US43-1581154

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2500 13 Mile Rd Sparta, MI 49345
Sparta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2500 13 Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message