Industrial Warehouse Space For
530 Industrial Pkwy Jonesville, MI
For Sale
Contact for pricing
61,750 SF industrial warehouse available in Jonesville, MI.
Property Size61,750 SF
Lot Size7.17 Acres
Price / SF$62.35
Days on Market654
Property Features for 530 Industrial Pkwy
General Information
Standard status
Active
Size
61,750 SF
Lot size
7.17 Acres
Property subtype
INDUSTRIAL
Listing Agency:
ERA Reardon Realty | Jackson
(517) 740-8527
Listed By:
Jodi Burns-Buehrer · License #6501369476
(517) 740-8527
Source:
Moodyscre
Added: Oct 15, 2024
Changed: Jul 6
Last Checked: Jul 22 at 4:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA Reardon Realty | Jackson
Investment Insights
Based on property information with market context.
This industrial property offers 61,750 square feet of warehouse space. The property is located in Jonesville, MI, and is suitable for warehouse and industrial use.
Key Highlights
- 61,750 SF industrial warehouse available.
- Located in Jonesville, MI
- Industrial warehouse
Financial Insights For Industrial
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 | $555.8k | $9.00 |
| − Vacancy | −$56.1k | −$0.91 |
| EGI | $499.6k | $8.09 |
| − OpEx | −$149.9k | −$2.43 |
| NOI | $349.7k | $5.66 |
61,750 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$6.07M
$5.31M – $7.08M
NOI $424,676 @ 7.0% cap · market cap 11.03%
Second Best
Industrial
$5.00M
$4.37M – $5.83M
NOI $349,733 @ 7.0% cap · market cap 9.08%
Theoretical Best
Specialty Retail
$9.81M
$8.59M – $11.45M
NOI $686,807 @ 7.0% cap · market cap 17.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - 61,750 SF industrial warehouse available in Jonesville, MI.
Where is this warehouse located?
The property is located at 530 Industrial Pkwy Jonesville, MI.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: 61,750 SF industrial warehouse available.; Located in Jonesville, MI; Industrial warehouse
