Property summary
The property is a 45,985-square-foot industrial and manufacturing facility on a 5.58-acre parcel within Brooks Industrial Park in Marshall, Michigan, with an additional 15,930-square-foot mezzanine. Built in 2001, the masonry-and-steel structure includes approximately 16,000 square feet of office space featuring open work areas, conference rooms, and finished interiors, and an industrial/manufacturing area of about 30,000 square feet. The industrial portion provides heavy electrical service with a 3,000-amp electrical supply, a backup generator, ceiling heights ranging from 14 to 27 feet, a 6-inch poured concrete floor rated at 250 PSF, LED lighting, and a fire suppression system. Loading and access are served by one loading dock with a leveler and four grade-level overhead doors. The site includes access drives and monument signage with frontage from both S. Kalamazoo Ave. and Adams Ave., 115 parking spaces (including five barrier-free spaces), and a partially fenced outdoor storage area with potential for expansion. The facility is adjacent to Brooks Field, located within about three miles of the I-69 and W. Michigan Ave. interchange and approximately five miles of I-94 and Ford’s BlueOval Battery Park Michigan. It is zoned I-1 Research & Manufacturing in the City of Marshall.
Property profile
VerifiedCap rate & NOI
Current use
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Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
3.19 I-1 DEVELOPMENT REQUIREMENTS To ensure compatibility with the intent and purpose of the I -1 (Research and Manufacturing) district, all uses and principal and accessory buildings and structures in the district shall…
Comparables
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Marshall, MI3.19 I-1 DEVELOPMENT REQUIREMENTS To ensure compatibility with the intent and purpose of the I -1 (Research and Manufacturing) district, all uses and principal and accessory buildings and structures in the district shall…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
3.19 I-1 DEVELOPMENT REQUIREMENTS To ensure compatibility with the intent and purpose of the I -1 (Research and Manufacturing) district, all uses and principal and accessory buildings and structures in the district shall…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-1 in Marshall, MI.
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