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    OFF-MARKET
    Distribution centers

    3940 68Th St, Caledonia, MI 49316

    0.55 ac lot
    Property ID
    US43-0180758
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses two parcels totaling between 0.55 and 4.72 acres of land located in Caledonia, Michigan, within Kent County. The property boasts prime frontage on 68th Street SE at a busy intersection, offering significant visibility and accessibility. The combined addresses are 3940 68th Street SE and 6825 East Paris Avenue SE, both situated in a thriving industrial and residential corridor within the 49316 zip code. The land is zoned C-1, Neighborhood Commercial, presenting a range of potential development options for industrial or commercial uses. The property's strategic location and zoning make it an ideal site for various businesses seeking a high-traffic location. Parcel numbers are 41-22-11-200-008 and 41-22-11-200-092. This is a rare opportunity to acquire a substantial land parcel in a desirable area with excellent growth potential. The asking price for this combined property is $3,000,000. Further details regarding potential uses are available upon request.

    Property profile
    Verified
    Property type Distribution centers
    Lot 0.55 ac (23,958 SF)
    APN 41-22-11-200-008; 41-22-11-200-092
    UPID US43-0180758
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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