Warehouse on
For Sale
$499,000
Pending
14043 Fulton St E, Lowell, MI 49331
The property combines warehouse space with full utilities and accessibility features.
Property Size5,606 SF
Lot Size9.75 Acres
Days on Market218
Property Features for 14043 Fulton St E
General Information
Standard status
Pending
Size
5,606 SF
Lot size
9.75 Acres
Property subtype
Commercial
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Year Built
1986
Listing Agency:
Greenridge Realty (Summit)
Listed By:
Barry D Kaufman
(740) 475-7382
Source:
Vmrealestatemichigan
Added: Mar 2
Changed: Oct 1
Last Checked: Oct 5 at 7:06PM
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 Greenridge Realty (Summit)
Investment Insights
Based on property information with market context.
This warehouse property contains 5,606 square feet on a 9.75-acre parcel. Built in 1986, it has full utilities, accessibility features, a new water heater, and on-site parking.
The property is at 14043 Fulton St E in Lowell Charter Township, Michigan.
The property is at 14043 Fulton St E in Lowell Charter Township, Michigan.
Key Highlights
- 5,606 square feet of warehouse space
- Situated on 9.75 acres
- Built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,833
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,660
$636.7K
Cap Rate 7%
$454,757
$454.8K
Cap Rate 9%
$353,700
$353.7K
Market Conditions
NOI Build-Up for 5,606 SF
Gross rent
$38.6K $6.88/SF
− Vacancy
−$1.1K −$0.20/SF
EGI
$37.5K $6.68/SF
− OpEx
−$5.6K −$1.00/SF
NOI
$31.8K $5.68/SF
Area
Kent County, MI
Vacancy
2.90%
Lease Rate
$6.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,660
Cap Rate 7%
$454,757
Cap Rate 9%
$353,700
Alternative Uses
Best Use
Warehouse
$454.8K
$397.9K – $530.6K
NOI $31,833 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$877.3K – $1.17M
NOI $70,187 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49331, MI
18,023
Population
7,208
Households
2.5
Avg Household Size
40
Median Age
39%
College-Educated
96%
High-School Grad
91.5 sq mi
ZIP Area
197
Density / Sq Mi
$92,443
Median Household Income
$49,286
Median Earnings
$1,109
Median Rent
$293,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - The property combines warehouse space with full utilities and accessibility features.
Where is this warehouse located?
The property is located at 14043 Fulton St E Lowell, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 5,606 square feet of warehouse space; Situated on 9.75 acres; Built in 1986
