Industrial Building with Fenced
5742 Peck Road Croswell, MI 48422
5742 Peck Road, Croswell, MI, 48422
$375,000
For Sale
$375,000
COMMERCIAL - Croswell, MI
Property Size3,742 SF
Lot Size3.16 Acres
Price / SF$100.21
Days on Market85
Property Features for 5742 Peck Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 150-033-100-010-00
- Size
- 3,742 SF
- Lot size
- 3.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2640
Utilities
- Water source
- Private
Listing Agency
Epique Inc.
(248) 218-2604
411 S Main Street, Houston, MI
Listed by
Michael Rickerman · License #6506045489
(810) 712-1568
Added: Apr 28 Updated: Jun 3 at 5:41 pm Checked: Jul 21 at 6:06 am
MLS# 50205644
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.
This property includes a 3,700+ square foot industrial building on 3.16 acres, with a fenced rear portion. The building is split into two main sections, with the front portion measuring 40x40 and the rear portion measuring 40x54, and both include upper-level storage. Access is provided by two garage doors: a 12'H x 12'W front door and a 10'H x 8'W side door. The building requires a complete renovation, and use of the property should be exercised carefully due to debris and miscellaneous items located inside and outside.
Located in Croswell, Michigan at the intersection of Peck Road (M-90) and Wildcat Road, the site is positioned for strong street visibility from two heavily traveled roads. The overall configuration supports separate front and rear building areas, with the fenced rear adding definition for outdoor storage and staging needs.
For buyers and operators, this is a workable industrial renovation project for business uses that can accommodate a two-section warehouse layout and upper-level storage. The combination of multiple roll-up doors and a fenced rear area may support logistics, light industrial operations, or other warehouse-style requirements where controlled outdoor storage is useful, subject to final design and permitting based on the intended use.
Located in Croswell, Michigan at the intersection of Peck Road (M-90) and Wildcat Road, the site is positioned for strong street visibility from two heavily traveled roads. The overall configuration supports separate front and rear building areas, with the fenced rear adding definition for outdoor storage and staging needs.
For buyers and operators, this is a workable industrial renovation project for business uses that can accommodate a two-section warehouse layout and upper-level storage. The combination of multiple roll-up doors and a fenced rear area may support logistics, light industrial operations, or other warehouse-style requirements where controlled outdoor storage is useful, subject to final design and permitting based on the intended use.
Key Highlights
- 3.16‑acre commercial property on the corner of Peck Road (M‑90) and Wildcat Road for high‑traffic intersection visibility
- 3,700+ SF building with two sections: 1,582 SF (40x40) and 2,160 SF (40x54)
- Upper level storage included in both front and rear portions of the building
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 | $30.1k | $8.04 |
| − Vacancy | −$1.5k | −$0.40 |
| EGI | $28.6k | $7.64 |
| − OpEx | −$4.3k | −$1.15 |
| NOI | $24.3k | $6.49 |
3,742 SF · lease $8.04/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$347.1K
$303.7K – $404.9K
NOI $24,294 @ 7.0% cap · market cap 6.48%
Second Best
Industrial
$285.8K
$250.1K – $333.5K
NOI $20,007 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$794.7K
$695.4K – $927.2K
NOI $55,631 @ 7.0% cap · market cap 14.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Industrial building on a highly visible corner lot with fenced rear storage and multiple garage doors.
Where is this commercial land located?
The property is located at 5742 Peck Road Croswell, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3.16‑acre commercial property on the corner of Peck Road (M‑90) and Wildcat Road for high‑traffic intersection visibility; 3,700+ SF building with two sections: 1,582 SF (40x40) and 2,160 SF (40x54); Upper level storage included in both front and rear portions of the building
