1405 N Range Road Kimball, MI 48074
LAND - Kimball, MI
- Added:
- Jul 10, 2025
- Days on Market:
- 368
- Last Refresh:
- Jul 12 at 3:06 am
Property Features for 1405 N Range Road
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 25-520-0002-000
- Lot size
- 0.84 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4502
Utilities
- Water source
- Public
Listing agent Anthony Rubino License #6502425251 (586) 873-5419
Listing office Pilot Property Group - Residential LLC 38600 Van Dyke Ste 325, Shelby Twp, MI (586) 254-0900
Listing date Jul 10, 2025
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Investment Insights
Based on property information with market context.
The parcel is located at 1405 N Range Road in Kimball, Michigan (St. Clair County). The listing also notes that multiple vacant streets could potentially be combined to increase total acreage to 27+/- AC, subject to buyer due diligence.
With Commercial zoning, this property can be attractive to industrial and related operators looking for land with existing improvements. The presence of an industrial building may support uses that can accommodate the existing facility while buyers consider whether to expand or reconfigure site development over time.
Key Highlights
- 525' of frontage on Range
- Existing 15,310 SF industrial building on site
- Multiple vacant streets could bring total acreage to 27 AC+/-
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.8k | $9.00 |
| − Vacancy | −$9.6k | −$0.63 |
| EGI | $128.1k | $8.37 |
| − OpEx | −$19.2k | −$1.26 |
| NOI | $108.9k | $7.11 |
Alternative Uses
Property Analytics
Current Use by Public Records
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