Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Clarklake Industrial Facility on US-127 Title is generated by Realmo AI

    9486 S Meridian Road, Clarklake, MI 49234

    View on Map
    Claim this Listing
    For Sale
    $595,000

    COMMERCIAL - Clarklake, MI

    Property size:
    4,656 SF
    Lot size:
    2.42 Acres
    Price / SF:
    $127/SF
    Added:
    Jan 23, 2026
    Days on Market:
    113
    Last Refresh:
    May 16 at 4:06 pm

    Property Features for 9486 S Meridian Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking
    30
    Standard status
    Active
    APN
    000-18-13-280-001-01
    Size
    4,656 SF
    Lot size
    2.42 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    BASELINE CONDOMINIUM UNIT NUMBER 1 , PART OF THE NORTHEAST 1/4 OF SECTION 13, TOWN 4 SOUTH, RANGE 1 WEST, LIBERTY TOWNS
    Tax Annual Amount
    9660

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Forced Air, Radiant
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    2017
    Floors in Building
    1
    Number of units
    1
    Building materials
    Metal Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    PHILLIP M MORGAN

    Listing agent PHILLIP M MORGAN License #6502108104

    Listing office ERA Reardon Realty, L.L.C. 910 N West Ave, Jackson, MI

    Listing date Jan 23, 2026

    MLS# 26002866

    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

    • High‑visibility location on Class A highway (US 127 S) ideal for business exposure.
    • 4,656sqft facility with functional shop area and office space.
    • 3,456sqft heated shop with 16ft ceilings, heavy‑duty concrete floor, and three overhead doors (two 12ft, one 14ft).
    • 1,200sqft office space including private offices, conference room, and reception area.
    • Equipped with 200amp electrical service and a 10,000lb lift.
    • Owner is open to land contract terms with qualified buyers.

    Overview

    This 4,656 sqft facility is located on US 127 S, a Class A highway, in Liberty Township. The property is zoned for industrial use and offers a blend of functional shop area with tall ceilings and office space. The 1,200 sqft office area includes multiple private offices, a conference room, and a reception area. The 3,456 sqft heated shop features 16 ft ceilings, two 12 ft overhead doors, one 14 ft overhead door, and a heavy-duty concrete floor with steel fiber reinforcement. The property is equipped with 200 amp electrical service, and a 10,000 lb lift remains in place. The property is situated on a 2.42-acre lot. The facility is suitable for trades, logistics, service businesses, or other industrial operations.

    Financial Insights

    Value Estimation Calculated for Flex RnD

    Conservative
    $485.9K
    NOI $43,733 @ 9.00% cap · cautious / downside scenario
    Moderate
    $624.8K
    NOI $43,733 @ 7.00% cap · market / base-case scenario
    Aggressive
    $874.7K
    NOI $43,733 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Flex RnD

    Component $ $/SF
    Gross rent $75.4k $16.20
    − Vacancy −$8.1k −$1.75
    EGI $67.3k $14.45
    − OpEx −$23.5k −$5.06
    NOI $43.7k $9.39
    4,656 SF · lease $16.20/SF/yr · vacancy 10.80% · expense 35.00%

    Alternative Use Scenarios

    Best Use
    Flex RnD
    $624.8K
    $546.7K – $728.9K (±1% cap)
    NOI $43,733 @ 7.0% cap · market cap 7.35%
    Second Best
    Warehouse
    $561.1K
    $491.0K – $654.7K (±1% cap)
    NOI $39,279 @ 7.0% cap · market cap 6.60%
    Theoretical Best
    Office A
    $743.3K
    $650.4K – $867.1K (±1% cap)
    NOI $52,028 @ 7.0% cap · market cap 8.74%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lakefront Solutions Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Kitchen & Bath Showroom Storage Facility Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarklake
    County
    Jackson
    State
    Michigan
    Longitude
    -84.366505
    Latitude
    42.124935

    Nearby Similar for Sale

    • $599,000
      5,528 SF

      Clarklake Retail Opportunity For Sale

      Retail property in Clarklake, MI, offering a business opportunity.
      10525 S Meridian Road, Clarklake, MI 49234
      View Details
    • $595,000
      4,656 SF

      Clarklake Industrial Opportunity

      Industrial property in Clarklake, Michigan, featuring 4,656 square feet.
      9486 S Meridian Road, Clarklake, MI 49234
      View Details
    • $399,900
      3,336 SF

      Clarklake Farm For Sale

      16.06 acre farm property in Clarklake, Michigan.
      8691 Clarklake Road, Clarklake, MI 49234
      View Details
    • $595,000
      4,656 SF

      Clarklake Commercial Facility For Sale

      High-visibility commercial facility with office and shop space.
      9486 S Meridian Rd, Clarklake, MI 49234
      View Details
    • $850,000
      10,344 SF

      Industrial Buildings on US 127

      Two industrial buildings totaling 10,344 SF on 5.88 acres.
      8355 S Meridian Road, Clarklake, MI 49234
      View Details
    • $599,000
      5,528 SF

      Established Auto Shop For Sale

      Successful auto body shop with loyal clientele and used car license.
      10525 S Meridian Road, Clarklake, MI 49234
      View Details
    • $599,000

      Established Auto Shop For Sale

      Long-standing auto shop with loyal clientele and used car license.
      10525 S Meridian Rd, Clarklake, MI, 49234-9603
      View Details
    • $599,000
      5,528 SF

      Retail Space For Sale

      Retail space available for purchase.
      10525 S Meridian Rd, Clarklake, MI 49234
      View Details

    FAQs

    What type of property is this?
    Flex space - 4,656 sqft industrial facility with office and shop space.
    Where is this flex space located?
    The property is located at 9486 S Meridian Road Clarklake, MI.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: High‑visibility location on Class A highway (US 127 S) ideal for business exposure.; 4,656sqft facility with functional shop area and office space.; **3,456sqft heated shop with 16ft ceilings, heavy‑duty concrete floor, and three overhead doors (two 12ft, one 14ft).**
    (517) 204-4385
    We can help!
    Listing Contact
    PHILLIP M MORGAN
    Real Estate License ID: 6502108104
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9486 S Meridian Road, Clarklake, MI 49234
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!