Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office buildings

    8361 Broadbridge Rd, Ira, MI 48023-2507

    23,093 SF 10.96 ac lot Built 1950
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US43-4559153
    Property summary
    AI-generated overview

    This exceptional 23,093 square foot industrial property presents a unique redevelopment opportunity in Ira, MI. Situated on a generous 10.9-acre lot, the building boasts a prime location and significant potential for diverse uses. Previously utilized as Fair Haven Elementary School, the structure is fully brick with a good roof, offering a solid foundation for future projects. The property features three driveway entrances, ample parking, and remnants of recreational amenities including basketball hoops, a playscape, and several swing sets. While windows are currently boarded, the building's substantial size and layout provide a blank canvas for creative vision. The City of Ira has proactively modified zoning regulations to permit conversion and redevelopment into either condominiums or up to sixty single-family residential units, including the possibility of senior housing. This flexibility allows for a wide range of development scenarios, catering to various market demands and investment strategies. The substantial acreage provides ample space for expansion, landscaping, or additional structures, further enhancing the property's value and appeal. This is a rare chance to acquire a large-scale property with significant redevelopment potential in a growing community. Investors and developers seeking a high-impact project should act quickly to explore this exceptional opportunity.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1950
    Total area 23,093 SF
    Lot 10.96 ac (477,418 SF)
    Zoning code RS
    APN 74-23-660-0018-000
    UPID US43-4559153
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Yaka Improvements LLC · 4 yrs held
    Yaka Improvements LLC
    since 2021
    Last sale
    $275,000
    3 recorded transactions
    2021
    $275,000
    2016
    $750,000
    2015
    $248,000
    Zoning & alternative use
    RS · Ira, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 8361 Broadbridge Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message