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    OFF-MARKET
    Commercial real estate

    720 Northland Dr, Rockford, MI 49341

    60 ac lot
    Property ID
    US43-1214082
    Property summary
    AI-generated overview

    This exceptional 60-acre property presents a unique investment opportunity in Rockford, Michigan. Located at 720 Northland Dr NE, 49341, this land boasts over three-quarters of a mile of frontage on Northland Drive (M-44), a major thoroughfare experiencing over 16,000 vehicles daily (MDOT 2023 data). The property's APN is 41-07-30-101-016 and is currently owned by Wolverine World Wide Inc. The asking price is $6,000,000, translating to a price per acre ranging from $90,000 to $150,000. The land is primarily zoned I-1 (Industrial), however, Rockford Township is receptive to residential and commercial development on portions of the site, offering significant flexibility for diverse projects. This distressed sale presents a compelling opportunity to acquire a substantial parcel of land in a desirable location with high visibility and significant traffic counts. The property's size and strategic location make it suitable for a wide range of development possibilities, from industrial facilities to residential communities or commercial ventures. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 60 ac (2,613,600 SF)
    APN 41-07-30-101-016
    UPID US43-1214082
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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