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    Palmyra, MI
    Industrial

    Palmyra, MI Industrial Properties for Sale

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    Adrian, MI Blissfield, MI Britton, MI Jasper, MI Tecumseh, MI Weston, MI Metamora, OH Sand Creek, MI
    Live-Work Industrial Building
    Updated: May 20
    Live-Work Industrial Building

    5550 E Carleton Road, Palmyra, MI 49268

    $245,000
    2,400 sqft 5.00 AC lot
    Nearly 5‑acre property featuring a massive 45x72 commercial‑grade building with over 2,400 sq ft of space
    Building includes 2‑phase power, a half bath, and a 5‑ton AC system with dual units
    Attached private apartment with separate HVAC for owner‑operator use or rental potential
    Fenced pond on site stocked with bluegill and catfish
    RV‑ready with a 30‑amp hookup and concrete pad
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    This listing looks promising.

    Here's a quick look at some key insights for

    5550 E Carleton Road, Palmyra Twp, MI 49268

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $316K
      Above asking

    • Property Type

      Single Family Residence
      Built 1975
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    Flex Building With Private Apartment
    Updated: Jun 9
    Flex Building With Private Apartment

    5550 E Carleton Road, Palmyra, MI 49268

    $239,900
    3,240 sqft 4.92 AC lot
    Nearly 5‑acre property featuring a massive 45x72 building with 2,400+ SF of commercial space.
    Commercial building is equipped with 2‑phase power and a half bath, plus 5‑ton AC cooling powered by dual units.
    Attached private apartment includes separate HVAC for owner‑operator living or rental income.
    Stocked, fenced pond with bluegill and catfish.
    RV 30‑amp hookup on a concrete pad.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Palmyra, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Warehouse in Green Zone
    Updated Warehouse in Green Zone

    1105 E Beecher Street, Adrian, MI 49221

    $192,500
    1,632 sqft 1.03 AC lot

    Updated warehouse offering highly visible frontage and small-bay size on 1+ acre in the green zone.

    View details
    Heated Pole Barn Flex Property
    Heated Pole Barn Flex Property

    8302 E Us Highway 223, Blissfield, MI 49228

    $350,000
    4.00 AC lot

    Corner parcel with heated pole barn, workshop, office space, and a concrete pad for future expansion.

    View details
    Industrial Warehouse with Partial Lease
    Industrial Warehouse with Partial Lease

    3818 E US 223 Highway, Adrian, MI 49221

    $1,200,000
    29,496 sqft 2.90 AC lot

    Large warehouse on nearly three acres with a portion currently leased, creating flexibility for the remaining space.

    View details
    Industrial Property in Blissfield, MI
    Industrial Property in Blissfield, MI

    203 E Adrian St, Blissfield, MI

    Contact for pricing
    0.39 AC lot

    Industrial property available for sale in Blissfield, Michigan.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land with Rail Access
    Industrial Land with Rail Access

    1851 W Beecher Road, Adrian, MI 49221

    $1,500,000
    30.00 AC lot

    I-2 zoned undeveloped land in Adrian offers direct rail access and major road frontage for industrial development.

    View details
    Commercial Land on Willis Road
    Commercial Land on Willis Road

    WILLIS Road, Sumpter Twp, MI 48111

    $275,000
    2.15 AC lot

    Two-acre commercial parcel with road frontage on Willis Road.

    View details
    Industrial Land Near I-94
    Industrial Land Near I-94

    8521 Page Avenue, Jackson, MI 49201

    $2,500,000
    152.41 AC lot

    152.41 acres of industrial land for sale in Jackson, MI.

    View details
    Prime Commercial Land I-127 Frontage
    Prime Commercial Land I-127 Frontage

    5472 S Meridian Road, Jackson, MI 49201

    $1,250,000
    8.47 AC lot

    8.47 acres with I-127 frontage, ideal for various businesses.

    View details

    Palmyra, MI Industrial Properties Market Trends and Statistics

    Explore 2 industrial properties for sale in Palmyra, MI on our real estate platform. These investment opportunities span a total of 5,640 square feet of properties for sale, with an estimated market value of $484,900.

    Sale prices for industrial buildings in Palmyra, MI start at $239,900, averaging $242,450, and reaching up to $245,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 2

    Demographics Overview

    Population 1,026
    Population Growth (5Y) -15.4%
    Median Household Income $87,250
    College Educated 24.9%

    High-Yield Neighborhoods for Investment

    Identify Palmyra submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49268 $245K

    Taxes & Financing

    Tax Rate (average for all types) 3.42%
    Property Tax per SF $78.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenawee County

    New Delisted

    Total CRE Inventory on Market (SF)

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