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Property profile & analytics
OFF-MARKET
Commercial real estate

2592 12Th St Shelbyville, MI 49344

83.29 ac lot
Property ID
US43-0466972
Property summary
AI-generated overview

This exceptional 83.29-acre commercial property in Allegan County, Michigan, presents a unique investment opportunity. Currently utilized as a successful cattle farm for two decades, the land is meticulously seeded annually, providing lush grazing pastures from May to October. The property boasts a well-maintained electric fence system ensuring year-round security for livestock. Infrastructure includes readily available electricity, a reliable well, several well-kept pens designed for cattle, and a convenient pole barn ideal for livestock loading. The property's location at 2592 12th St, Shelbyville, MI 49344 (42.6085438, -85.6631194) offers easy access. While no utilities are currently connected, electricity is readily available. This turnkey operation is perfect for established cattle farmers seeking expansion or new entrants to the agricultural sector looking for a productive and well-maintained property. The existing infrastructure minimizes initial setup costs, allowing for immediate operational commencement. The property's size and existing improvements make it an attractive investment for those seeking a profitable venture in Michigan's agricultural landscape. The asking price for this prime commercial land is $1,129,000.

Property profile
Verified
Property type Commercial real estate
Lot 83.29 ac (3,628,112 SF)
UPID US43-0466972
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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