Property profile

501 Bogen Rd Sturgis, MI 49091

OFF-MARKET
Industrial land
Property ID
US43-2409143
62.87 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 87.86-acre parcel presents a significant opportunity for industrial development in Sturgis, Michigan. Ideally situated just half a mile from the convenient Sturgis/Howe 80/90 toll road exit, this property offers unparalleled access to major transportation arteries. The land is zoned M-Manufacturing, allowing for a wide range of industrial uses. A key advantage is the availability of city utilities directly on-site, eliminating the need for extensive infrastructure development and saving considerable time and expense. The asking price is $2,450,000, translating to a land value of $35,000 per square foot. This represents a compelling investment in a strategically located industrial site with immediate access to essential infrastructure and transportation networks. The property's size and zoning make it suitable for a variety of large-scale industrial projects. Given its prime location and readily available utilities, this property is poised for rapid development and significant return on investment. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a substantial industrial land parcel in a thriving Michigan community.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 62.87 ac (2,738,617 SF)
APN 052-777-288-00
UPID US43-2409143

Cap rate & NOI

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

Location

501 Bogen Rd Sturgis, MI 49091
Sturgis metro Census 41500 STURGIS, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.94M

Owner & transaction history

since 2021
Last sale
$2.0M
2 recorded transactions
2021
$791,000
2021
$2.0M

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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