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    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    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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