Property profile

3940 68Th St Caledonia, MI 49316

OFF-MARKET
Warehouses
Property ID
US43-0180758
0.55 ac lot
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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 Warehouses
Lot 0.55 ac (23,958 SF)
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

Location

3940 68Th St Caledonia, MI 49316
Caledonia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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