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    OFF-MARKET
    Industrial properties

    4551 Ruth Rd, Ruth, MI 48470-9780

    0.22 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-3842224
    Property summary
    AI-generated overview

    This 3,122 square foot industrial building, located at 4551 Ruth Road in Ruth, Michigan (48470), presents a unique investment opportunity. Formerly a concrete production company office and workshop, the property offers a blend of office and warehouse space. The building's interior may require some renovation depending on the intended use, allowing for customization to suit various needs. Situated in Huron County and subject only to Sherman Township taxes, this property benefits from its convenient location across from the Ruth Cooperative Elevator Company. The building's industrial zoning allows for a wide range of commercial and other potential uses. This versatile space is ideal for businesses seeking storage, workshop areas, and office accommodations. Note that an adjacent property featuring a 2,592 square foot storage shed is also available for separate purchase. The asking price for this property is $63,900. This presents a compelling opportunity for entrepreneurs and investors seeking a flexible and adaptable space in a convenient location. The property's size and zoning make it suitable for a variety of commercial applications. The potential for customization allows buyers to tailor the space to their specific business requirements. The proximity to the Ruth Cooperative Elevator Company offers potential synergies for related businesses. This is a rare opportunity to acquire a well-located industrial property at an attractive price point.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 0.22 ac (9,583 SF)
    APN 25-029-030-00
    UPID US43-3842224
    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
    Current use
    Occupant on record · Public records
    • Ruth Drain Tile Inc Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    GONIWIECHA RAYMOND J TR
    GONIWIECHA RAYMOND J TR
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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