Property profile

302 Ashfield St Belding, MI 48809

OFF-MARKET
Industrial properties
Property ID
US43-3778612
243,820 SF 22956.84 ac lot Built 1955
Individually Owned Free & Clear
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Property summary

AI-generated overview

This expansive 200,750 square foot industrial facility, formerly occupied by Mueller Brass - Belding, presents a significant investment opportunity. Built in 1955 and renovated in 1993, the property boasts two buildings across two stories, situated on a substantial 18.35-acre lot (four parcels total). The property features nine loading docks, including three dock-high doors, and offers ceiling heights ranging from 14 to 32 feet. Heavy power is readily available, along with multiple cranes boasting capacities from 1 to 30 tons. Finished office space is included, enhancing functionality. The property is fully secured with perimeter fencing. The site includes a primary 11.6-acre lot, a 5.62-acre vacant parcel along the Flat River, and two additional one-acre parking lots. The I-1 Industrial zoning allows for immediate occupancy. The asking price is $3,000,000. Property APN numbers are: 34-401-050-000-686-00

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1955
Total area 243,820 SF
Lot 22956.84 ac (999,999,999 SF)
Zoning code I-1
APN 34-401-050-000-685-00
UPID US43-3778612

Cap rate & NOI

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

Location

302 Ashfield St Belding, MI 48809-1524
Belding metro Census 30200 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.44M
Blend (final) Blend
$455k

Owner & transaction history

Zoning & alternative use

I-1 · Belding, MI

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
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