Commercial Building Near Ford
For Sale
$750,000
13995 W Michigan Ave, Marshall, MI 49068
Commercial building on 1.03 acres near Ford BlueOval Battery Park.
Property Size3,680 SF
Lot Size1.03 Acres
Price / SF$203.80
Days on Market150
Property Features for 13995 W Michigan Ave
General Information
Standard status
Active
Size
3,680 SF
Lot size
1.03 Acres
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
Harrington Real Estate Group
(269) 964-5182
Listed By:
Scott T Harrington · License #6502363056
(269) 964-5182
Source:
Elliman
Added: Mar 10
Changed: Jul 6
Last Checked: Aug 5 at 9:49AM
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 Harrington Real Estate Group
Investment Insights
Based on property information with market context.
This commercial building, situated on 1.03 acres directly across from the Ford BlueOval Battery Park in Marshall, Michigan, benefits from the park's economic growth, job creation, and infrastructure improvements. The property offers exceptional visibility and accessibility. Currently used as a detail shop, the building consists of 3680 square feet and features a showroom with windows and lights, a workshop, and a large storage room, both with overhead doors. Additional amenities include central air and a half bath. The property also features paved parking for at least 15 cars and a fenced outdoor storage area. The power/voltage is 200 amp.
Key Highlights
- Located directly across from Ford BlueOval Battery Park, benefiting from its economic growth and infrastructure improvements.
- 3680 sq. ft. commercial building suitable for various business uses.
- Exceptional visibility and accessibility due to its prime location.
Financial Insights For Retail
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 | $57.0k | $15.48 |
| − Vacancy | −$2.4k | −$0.65 |
| EGI | $54.6k | $14.83 |
| − OpEx | −$16.4k | −$4.45 |
| NOI | $38.2k | $10.38 |
3,680 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$545.7K
$477.5K – $636.7K
NOI $38,202 @ 7.0% cap · market cap 5.09%
Second Best
Industrial
$325.1K
$284.5K – $379.3K
NOI $22,760 @ 7.0% cap · market cap 3.03%
Theoretical Best
Healthcare Medical
$43.65M
$38.20M – $50.93M
NOI $3,055,743 @ 7.0% cap · market cap 407.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
260
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49068, MI
14,325
Population
6,901
Households
2.1
Avg Household Size
45
Median Age
36%
College-Educated
96%
High-School Grad
129.9 sq mi
ZIP Area
110
Density / Sq Mi
$78,476
Median Household Income
$47,198
Median Earnings
$904
Median Rent
$196,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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- Stanley Lawn & Garden Inc. — 13000 15 Mile Rd, Marshall, MI 49068
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial building on 1.03 acres near Ford BlueOval Battery Park.
Where is this auto shop located?
The property is located at 13995 W Michigan Ave Marshall, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Located directly across from Ford BlueOval Battery Park, benefiting from its economic growth and infrastructure improvements.; 3680 sq. ft. commercial building suitable for various business uses.; Exceptional visibility and accessibility due to its prime location.
