Property profile

588 Riverside Dr Coldwater, MI 49036

OFF-MARKET
Other commercial real estate
Property ID
US43-3676495
12.63 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

The property is a commercial building in Coldwater, Michigan, with approximately 7,800 square feet of building area situated on about 12.63 acres of land. The facility includes an office space and is served by a natural gas furnace, with running water supplied from a well. The building has provisions for a bathroom, with hookups that connect to a septic system, and internet service is available. Industrial access features include three overhead doors and a loading dock, along with concrete pads located at both ends of the building. The site has utility access including cable service from the road, and it is supported by a city-serviced fire hydrant located uphill. The remaining acreage consists of woods and a field, and the property is adjacent to Rotary Park, providing context for possible uses consistent with the surrounding area.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 12.63 ac (550,163 SF)
APN 304-000-000-010-00
UPID US43-3676495

Cap rate & NOI

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

Location

588 Riverside Dr Coldwater, MI 49036-1881
Coldwater metro Census 951600 COLDWATER, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2026
Last sale
$180,000
4 recorded transactions
2026
$180,000
2026
Price N/A
2016
Price N/A
2010
$21,500

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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