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    Property profile & analytics
    OFF-MARKET Estimated value $1,940,000
    Industrial land

    501 Bogen Rd, Sturgis, MI 49091

    62.87 ac lot
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-2409143
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Industrial Partners USA LLC · 5 yrs held
    Industrial Partners USA LLC
    since 2021
    Last sale
    $2.0M
    2 recorded transactions
    2021
    $791,000
    2021
    $2.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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