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    4 Morrell St Yale, MI 48097

    Sponsored
    For Sale
    $184,900

    8,000 sq ft warehouse, 0.6 acres

    Property size:
    8,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This expansive 8,000 square foot industrial property, situated on a 0.6-acre lot in Yale, Michigan, presents a remarkable investment opportunity. Currently utilized for cold storage, boats, cars, motorhomes, and trailers, this versatile space offers endless possibilities for a variety of commercial uses. Imagine transforming it into a state-of-the-art warehouse, a bustling retail shop, secure storage facility, or even a unique flea market. The building's substantial size and ample land provide significant flexibility for future development and expansion. The property is currently configured for flat-rate cold storage, showcasing its adaptability to diverse operational needs. Please note that the building will not be available for occupancy until June 1, 2025, with closing on or after that date. All provided information is believed to be accurate, however, it is not guaranteed. This is a rare chance to acquire a substantial industrial property in a desirable location with significant upside potential. The property is priced at $184,900 and a short-term land contract may be possible. Serious inquiries are encouraged to explore this exciting opportunity further.

    Property Features for 4 Morrell St

    General Information

    Property type
    Industrial properties
    Square Feet
    8,000 SF
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yale
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.79752
    Latitude
    43.13283

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Industrial property - 8,000 sq ft warehouse, 0.6 acres
    Where is this industrial property located?
    The property is located at 4 Morrell St Yale, MI.
    What is the asking price?
    The asking price for this property is $184,900.
    (586) 726-4600
    Request Owner's contact information
    4 Morrell St Yale, MI 48097
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    Realmo Value Estimation

    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.

    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.

    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
    4 Morrell St Yale, MI 48097
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