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Property profile & analytics
OFF-MARKET
Industrial properties

620 Hooper St Kingsford, MI 49802-5400

1.19 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US43-3233920
Property summary
AI-generated overview

This exceptional owner-user opportunity presents a substantial 89,000-square-foot manufacturing facility situated on a generous 22.21-acre lot in Kingsford, Michigan. Built in 1920, this single-story building boasts 89,000 square feet of net rentable space, all under one roof, with ample air rights. The property features two loading docks and two dock-high doors, facilitating efficient material handling. Twenty parking spaces are available for employees and visitors. The interior includes concrete floors and restrooms, along with substantial interior storage space. The property is zoned for industrial use and is offered at $750,000, translating to $8.43 per square foot. The land value alone is $0.77 per square foot. Occupancy is available October 14, 2024. This property is an ideal solution for a business seeking a large, well-located manufacturing space in Dickinson County, MI. The property's address is 620 N Hooper St, Kingsford, MI 49802, and the APN is 05200107510. The sale is offered by the LLC owner.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.19 ac (51,836 SF)
Zoning code I-2
APN 052-001-058-00
UPID US43-3233920
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
JASTAN LLC
JASTAN LLC
Zoning & alternative use
I-2 · Kingsford, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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