15620 W Michigan Avenue, Albion, MI 49224
COMMERCIAL - Albion, MI
- Added:
- Jul 8, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 8 at 8:06 pm
Property Features for 15620 W Michigan Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 806-06-29-376-002-03
- Size
- 10,400 SF
- Lot size
- 22.85 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Sec 29 T2S R3W part SW 1/4 COM
- Tax Annual Amount
- 8365
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Forced Air
- Water source
- Well
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 4
Listing agent Christy Cottingham License #6501392484 (517) 937-0826
Listing office ERA Reardon Realty, L.L.C. 910 N West Ave, Jackson, MI (517) 782-2996
Listing date Jul 8, 2026
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 22.85‑acre commercial/industrial property with frontage along I‑94
- Front building suited for professional office space
- Large industrial structure with high ceilings and overhead doors for trucks and trailers
- Forced‑air heating; year built 1980
- Utilities: cable available
- Water source: well; sewer: septic tank
Overview
The site is located at 15620 W Michigan Avenue in Albion, Michigan (Jackson County). Public remarks describe high-visibility frontage along I-94, which can support customer-facing and logistics-oriented business models. The property is also being offered as a rental in addition to the for-sale listing.
For tenants, the combination of professional office space and a warehouse-style industrial building with overhead truck access may fit mixed-use requirements, such as businesses that need both front-office presence and back-of-house operations. For buyers, the acreage and dual-building setup provide a practical foundation for owning a property that can support multiple business functions, subject to applicable approvals. A seller financing option is available, according to the remarks.
Local Financial Insights For Flex RnD
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 | $222.1k | $21.36 |
| − Vacancy | −$5.3k | −$0.51 |
| EGI | $216.8k | $20.85 |
| − OpEx | −$75.9k | −$7.30 |
| NOI | $140.9k | $13.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albion
- County
- Calhoun
- State
- Michigan
- Longitude
- -84.69272
- Latitude
- 42.264099
