720 Northland Dr, Rockford, MI 49341
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.