Back to Search
Industrial Land with Existing Building

1405 N Range Road Kimball, MI 48074

Claim this Listing
For Sale
$1,500,000

LAND - Kimball, MI

Property size:
15,310 SF
Lot size:
0.84 Acres
Price / SF:
$97/SF
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

Listing office Pilot Property Group - Residential LLC 38600 Van Dyke Ste 325, Shelby Twp, MI

Listing date Jul 10, 2025

MLS# 50181281 Listing URL

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The site includes 525 feet of frontage on Range Road and an existing 15,310 SF industrial building. The property is offered as land with an in-place warehouse structure, giving buyers the option to evaluate reuse, renovation, or development based on their business needs.

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
15,310 SF · lease $9.00/SF/yr · vacancy 7.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.56M
$1.36M – $1.82M (±1% cap)
NOI $108,923 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$11.51M
$10.07M – $13.43M (±1% cap)
NOI $805,668 @ 7.0% cap · market cap 53.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

blue water lift ... Car Dealership BLUE WATER LIFT Car Dealership

Suggested Use

Restaurant Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Building Supply Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Solo Storage & Truck Rental — 4296 Dove Rd, Port Huron, MI 48060
  • Storage of America — 1661 Range Rd, Kimball, MI 48074

FAQs

What type of property is this?
Warehouse - Industrial land offering highway frontage and an existing industrial building on site for flexible development options.
Where is this warehouse located?
The property is located at 1405 N Range Road Kimball, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 525' of frontage on Range; Existing 15,310 SF industrial building on site; Multiple vacant streets could bring total acreage to 27 AC+/-
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message