1500 Kdf DrThree Rivers, MI 49093

  • Industrial properties
  • 5,194 SF
For Sale
$349,000 View listing

Property Details for 1500 Kdf Dr

Year built
1997
Lot size
1.32 AC
Property size (Sq ft)
5,194 SF
Zone code
I-1
Property type
Industrial properties
APN
051-530-005-01
APU
5153000501

Description

This single-tenant, vacant Class B office building presents a compelling investment opportunity in Three Rivers, Michigan. Located at 1500 KDF Drive, this 5,130 square foot property sits on a 1.32-acre lot within the Enterprise Industrial Park, offering convenient access to US-131 and municipal utilities. Built in 1997, the one-story building features a well-designed layout including private offices, ample natural light, and a practical lab area complete with an overhead door. The property boasts abundant on-site surface parking, making it highly accessible for employees and clients. The asking price is $349,000, translating to $68.03 per square foot. This NNN lease type property is ideal for a business seeking a functional and practical space for lease or purchase, offering a prime location for growth and success. The property's features and location make it an attractive option for a variety of businesses seeking a well-maintained and conveniently located office space in a thriving industrial park. The vacant status allows for immediate occupancy and customization to suit specific business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,118,166
    Hospitality
    $1,024,234
    Educational
    $852,151
    Medical
    $881,458
    Retail
    $1,325,568

Location Insight

City
Three Rivers
County
St. Joseph
State
Michigan
Latitude
41.9274
Longitude
-85.6492
CBSA code
44780
CBSA name
STURGIS, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,707
$8,900
$129,800
$138,700
-
$17,800
$259,600
$277,400

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