4578 Division St Wayland, MI 49348-9725
Property profile & analytics
4578 Division St Wayland, MI 49348-9725
- Distribution centers
- 27,540 SF
- 8.59 lot acres
Property ID
US43-2131755
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Distribution centers
Property Details for 4578 Division St
- Year built
- 2005
- Lot size
- 8.59 lot acres
- Property size
- 27,540 SF
- Property type
- Distribution centers
- APN
- 05-012-001-10
- APU
- 501200110
Description
This exceptional industrial property, located at 4578 Division Street in Wayland, Michigan, presents a significant opportunity for businesses seeking a versatile and strategically located facility. Boasting 27,540 square feet, this distribution, manufacturing, and warehouse space sits on an 8.58-acre lot (APN: 05-001-001-30) and offers a comprehensive array of features ideal for various operational needs. The property includes 19 loading docks, one drive-in door, and a substantial concrete and asphalt paved yard, fully fenced for security. Ample parking is available for both employees and up to fifteen 53' trailers. A recently renovated 2,400 square foot office area provides comfortable administrative space. The warehouse itself features impressive 20' to 22' clear ceiling heights, 30' x 60' column spacing, and robust 400 amps of 480-volt 3-phase power. Its convenient location just off US-131, minutes from the US-131/M6 interchange, ensures easy access to major transportation routes. A complete storm water system and yard lighting enhance functionality and safety. This property is immediately available for sale. The asking price is $4,000,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,605,000
- 6.5%
- $2,405,000
- 7%
- $2,235,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,237,000
Market price range: $795k - $1.33M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,710,000 Current use
- RESTAURANT
- $3,000,000 Change: +11% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,990,000 Change: +10% Conversion: Difficult
- OFFICE BUILDING
- $2,675,000 Change: -1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wayland
- County
- Allegan
- State
- Michigan
- Longitude
- -85.6647
- Latitude
- 42.7524
- CBSA code
- 26090
- CBSA name
- HOLLAND, MI MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43,307
$93,200
$1,050,300
$1,143,500
-
$186,400
$2,100,600
$2,287,000
