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Property profile & analytics
OFF-MARKET
Industrial properties

7315 Onsted Hwy Onsted, MI 49265

1,545 SF 13.8 ac lot Built 1900
Property ID
US43-1893575
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a substantial 13.8-acre parcel in Onsted, Michigan, featuring a sizable 1,545 square foot, three-bedroom, two-bathroom home currently occupied by tenants under lease agreements. The property also boasts five additional outbuildings, some of which are currently leased to tenants generating existing income streams. The existing leases provide immediate cash flow, while the remaining space within the outbuildings presents a significant opportunity to increase rental income or utilize the space for personal storage or business operations. The property's expansive acreage includes a large pond, adding to its overall appeal and potential uses. The location is conveniently situated just south of the Village of Onsted, offering easy access to local amenities and transportation routes. This property is ideal for investors seeking a diversified income stream or entrepreneurs looking for a versatile space to establish their business. The existing structures are in place, minimizing upfront development costs and allowing for immediate occupancy and revenue generation. The combination of residential and commercial space, coupled with the ample land, makes this a truly unique and attractive investment opportunity. The property is being offered at $450,000.

Property profile
Verified
Property type Industrial properties
Year built 1900
Total area 1,545 SF
Lot 13.8 ac (601,128 SF)
UPID US43-1893575
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
Current use
Occupant on record · Public records
  • Loar Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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