208 Development DrHillsdale, MI 49242

  • Industrial properties
  • 3.96 AC
For Sale
$79,200 View listing

Property Details for 208 Development Dr

Lot size
3.96 AC
Property type
Industrial properties
APN
006-221-201-02
APU
622120102

Description

This exceptional 3.96-acre parcel presents a rare opportunity for industrial development in Hillsdale, Michigan. Located at 208 Development Drive, this property is zoned I-1, Light Industrial, and boasts convenient access to major highways. The site is just three minutes from Hillsdale Airport, offering significant logistical advantages. All utilities are readily available, making this land ideal for immediate development. The asking price is $79,200, translating to $20,000 per acre. The property's location within a Michigan Certified Business Park provides access to potential tax abatements for qualified users through an established Industrial Development District. The parcel number is 30-006-221-201-02. Hillsdale is a community actively supporting business growth, making this a prime investment opportunity for industrial projects. This is a unique chance to secure land in a thriving area with excellent infrastructure and a supportive local government. The property's strategic location and zoning make it an attractive prospect for a variety of industrial uses. Don't miss this chance to acquire this valuable industrial land in a rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $37,135,440
    Hospitality
    $34,015,864
    Educational
    $28,300,798
    Medical
    $29,274,106
    Retail
    $44,023,464

Location Insight

City
Hillsdale
County
Hillsdale
State
Michigan
Latitude
41.9405
Longitude
-84.6597
CBSA code
25880
CBSA name
HILLSDALE, 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
2021
$204
-
-
$10,000
-
$20,000
-
$20,000

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