81300 Main St, Memphis, MI 48041
This exceptional 3.94-acre industrial parcel presents a compelling investment opportunity in Memphis, Michigan. Strategically situated near downtown Memphis and just minutes from Interstate 69, this property boasts unparalleled accessibility and visibility. The lot is ideally positioned on the corner of M-19 and Park Drive, providing convenient dual road entries for efficient operations and convenient access for both employees and clients. The location offers significant advantages for businesses requiring easy access to major transportation routes. Utilities are readily available, with water, sewage, and natural gas services accessible at the roadside, simplifying the development process and reducing upfront costs. This property is particularly well-suited for a variety of industrial uses, offering ample space for construction or expansion. A neighboring 5.01-acre parcel is also available for purchase, presenting the potential for significant expansion or consolidation. This is a rare opportunity to acquire a substantial industrial land parcel in a prime location with excellent infrastructure and connectivity. A land contract is available for qualified buyers, making this an even more attractive proposition. Don't miss this chance to secure a valuable asset in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.