NOT LISTED FOR SALE

16500 Division Dr Marshall, MI 49068

Marshall Area

Estimated Value: $220,000

10.6 Acres
$20,755 Price per Acre
461,736 Sq Ft Lot

Sale Details

Date Sold: February 23, 2024

Last sale price $25,000

Est. 780% increase in value since last sale

Current estimated payment $1,524 / mo

71 Days on Market

About This Lot

As of February 2024

This site has been approved for a 16,800 square footage Grow Facility. All of the engineering and site plan have been completed. Turn Key Site ready to be built on. Some Excavation has been done.

Last Agent to Sell the Property

Matt Leighton

Jaqua, REALTORS Commercial License #6501273319 Listed on: 11/29/2023

Jaqua, REALTORS Commercial

Last Buyer's Agent

Agent Out Of Area

Out of Area Office

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 10.6 Acre Lot
  • Property is zoned I-1, I-1

Property Details

Property Type

Land

Lot Details

10.6 Acres

Listing Details

  • Property Sub-Type: Commercial Land
  • Property Type: Land
  • General Property Info:Lot Dimensions: 692XIRR
  • General Property Info:Waterfront3: No
  • Tax Info:Zoning3: I-1
  • Waterfront Options:Water Access YN: No
  • Utilities Attached:Electric4: Yes
  • General Property Info:Property Sub-Type2: Commercial Land
  • Util Avail at Street Electricity Available: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Water Public Water2: Yes
  • Sewer Public Sewer2: Yes
  • Remarks Misc: Public Remarks: This site has been approved for a 16,800 square footage Grow Facility. All of the engineering and site plan have been completed. Turn Key Site ready to be built on. Some Excavation has been done.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 89000.0
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Storm Sewer, Electricity Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 10.6
  • Lot Size Area: 10.6
  • Lot Dimensions: 692XIRR
  • Lot Size Sq Ft: 461736.0
  • Zoning Description: I-1

Tax Info

  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Feb 22, 2024
Sold by
Bought by
Seller's Agent
Matt Leighton
Jaqua, REALTORS Commercial
Buyer's Agent
Agent Out Of Area
Out of Area Office
List Price
$89,000
Sold Price
$25,000
Premium/Discount to List
-$64,000
-71.91%
Views
44
Current Estimated Value
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,000
Avg. Annual Appreciation
141.20%

Purchase Details

Closed on
Nov 8, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2018
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Marshall, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$25,000 None Listed On Document
$125,000 None Available
$15,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $25,000 -71.9% --
02/08/2024 02/08/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $89,000 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,808 $59,600 $0 $0
2025 $2,648 $52,300 $0 $0
2024 $937 $47,500 $0 $0
2023 $3,341 $45,700 $0 $0
2022 $2,425 $45,700 $0 $0
2021 $3,350 $45,700 $0 $0
2020 $3,249 $45,700 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23143303

MichRIC

APN: 53-003-025-00

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