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    Property profile & analytics

    58000 Derhammer Pkwy Paw Paw, MI 49079-1875

    • Manufacturing properties
    • 20,300 SF
    • 3.10 lot acres
    OFF-MARKET
    Value Estimation
    $1,080,000
    Last Sale
    Jun 09, 2022
    $1,130,000
    Location Intelligence
    Property ID
    US43-2408133
    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.

    Current Use by Public Records

    • Good Works Tractors / Tractor Dealer
    • Formula K Ltd Manufacturing / Go-Kart Track

    Property Details for 58000 Derhammer Pkwy

    Year built
    2005
    Lot size
    3.10 lot acres
    Property size
    20,300 SF
    Zone code
    LI
    Property type
    Manufacturing properties
    APN
    80-02-018-053-60
    APU
    800201805360

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,135,000
      6.5%
      $1,125,000
      7%
      $1,145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,115,000
      Geo Method
      $1,080,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,065,000
      Retail
      $955,000
      Mixed-Use
      $1,065,000
      Hospitality
      $1,025,000
      Educational
      $1,225,000
      Residential Income
      $1,045,000
      Energy
      $1,255,000
      Income-Based Land
      $1,230,000
      Food Service
      $930,000

    Location Insight

    • Map
    • Local Demand
    City
    Paw Paw
    County
    Van Buren
    State
    Michigan
    Longitude
    -85.873
    Latitude
    42.2077
    CBSA code
    28020
    CBSA name
    KALAMAZOO-PORTAGE, MI METROPOLITAN 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
    2020
    $13,792
    $0.00
    $0.00
    $294,300
    -
    $0.00
    $0.00
    $588,600

    Comparable in this City

    • Value Estimation by Request

      65 Paw Paw Mi Usa

      Manufacturing properties
      65 Paw Paw Mi Usa, Paw Paw, MI 49079
      View Details
    • Value Estimation by Request
      5,472 SF

      37146 30th St

      MANUFACTURING (LIGHT) • 5,472 SF
      37146 30th St, Paw Paw, MI 49079-9422
      View Details
    • Value Estimation by Request
      12,000 SF

      56480 Kasper Dr

      MANUFACTURING (LIGHT) • 12,000 SF
      56480 Kasper Dr, Paw Paw, MI 49079-1197
      View Details
    • Value Estimation
      $70,000
      26,136 SF

      153 Commercial Ave

      MANUFACTURING (LIGHT) • 26,136 SF
      153 Commercial Ave, Paw Paw, MI 49079-1820
      View Details
    • Value Estimation by Request

      Parcel 80-02-018-053-70 Derhammer Pkwy

      Distribution properties
      Parcel 80-02-018-053-70 Derhammer Pkwy, Paw Paw, MI 49079
      View Details
    • Value Estimation by Request
      4,400 SF

      37555 Peters Dr

      MANUFACTURING (LIGHT) • 4,400 SF
      37555 Peters Dr, Paw Paw, MI 49079-8744
      View Details

    Similar Nearby for Sale

    • $229,000

      Paw Paw Industrial Land Parcel

      Prime MI location, build-to-suit potential.
      65 Paw Paw Mi Usa, Paw Paw, MI 49079
      View Details
    • $249,000

      Derhammer Pkwy Industrial Land Parcel

      Paw Paw, MI: Prime Industrial Land
      75 Paw Paw Mi Usa, Paw Paw, MI 49079
      View Details
    • $299,000

      DerHammer Pkwy Industrial Land Parcel

      Paw Paw, MI: Prime Industrial Land
      Parcel 80-02-018-053-70 Derhammer Pkwy, Paw Paw, MI 49079
      View Details
    • $199,000

      Derhammer Parkway Industrial Land Parcel

      Paw Paw, MI: Prime Industrial Land
      45 Pawa Paw Mi, Paw Paw, MI 49079
      View Details
    • $324,814
      Pending

      Corner Lot on Red Arrow

      Visible storefront with acreage and pole barn near Red Arrow.
      1022 E Michigan Ave, Paw Paw, MI 49079
      View Details
    • $249,000
      4.20 Acres

      Derhammer Parkway Industrial Land

      Paw Paw, MI: Prime Industrial Parcels
      0 Derhammer Pkwy, Paw Paw, MI 49079
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      12,000 SF

      Retail Plaza in Paw Paw

      New retail plaza with build-to-suit options in Paw Paw.
      854 S Kalamazoo St, Paw Paw, MI 49079
      View Details
    • $10 SF/Yr
      8,125 SF

      Paw Paw Retail Space - 8,125 SF

      Prime Retail Space, High Visibility Location
      924 Michigan Ave, Paw Paw, MI 49079
      View Details
    • $7 SF/Yr
      8,580 SF

      Remodeled Office Space in Paw Paw

      Affordable, remodeled office space with flexible layout and parking.
      228 E Michigan Ave, Paw Paw, MI 49079
      View Details
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    Paw Paw, MI 49079-1875
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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