Technical
Financial
Distress signals
Property profile

450 Leggitt Rd Marshall, MI 49068

OFF-MARKET
Industrial properties
Property ID
US43-2428897
98,194 SF 9.38 ac lot Built 1962
Entity Owned 17-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1962
Total area 98,194 SF
Lot 9.38 ac (408,549 SF)
Zoning code I-1
APN 53-002-630-00
UPID US43-2428897

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Logistics Company

Location

450 Leggitt Rd Marshall, MI 49068-9555
Marshall metro Census 4000 BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.17M
Blend (final) Blend
$2.17M

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

I-1 · Marshall, MI
Zoning description

3.19 I-1 DEVELOPMENT REQUIREMENTS To ensure compatibility with the intent and purpose of the I -1 (Research and Manufacturing) district, all uses and principal and accessory buildings and structures in the district shall…

General category INDUSTRIAL

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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