Industrial Land with Road
1405 N Range Road Kimball, MI 48074
1405 N Range Road, Kimball, MI, 48074
$1,500,000
For Sale
$1,500,000
LAND - Kimball, MI
Property Size15,310 SF
Lot Size0.84 Acres
Price / SF$97.98
Days on Market377
Property Features for 1405 N Range Road
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 25-520-0002-000
- Lot size
- 0.84 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4502
Utilities
- Water source
- Public
Listing agency
Pilot Property Group - Residential LLC
(586) 254-0900
Listed by
Anthony Rubino · License #6502425251
(586) 873-5419
Added: Jul 10, 2025 Updated: Jul 9 at 6:07AM Checked: Jul 21 at 11:06AM
MLS# 50181281
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale industrial land parcel includes an existing 15,310 SF industrial building on site and 525' of frontage on Range Road. The listed lot size is 0.84 acres, and Public Remarks note that multiple vacant streets could allow the total acreage to reach 27+/- acres.
The property is located at 1405 N Range Road in Kimball, Michigan, within St. Clair County. Zoning is listed as “Commercial.”
As presented, the site supports both land use and continued utilization of the existing industrial building while also offering an opportunity to aggregate additional area should the nearby vacant streets be included.
The property is located at 1405 N Range Road in Kimball, Michigan, within St. Clair County. Zoning is listed as “Commercial.”
As presented, the site supports both land use and continued utilization of the existing industrial building while also offering an opportunity to aggregate additional area should the nearby vacant streets be included.
Key Highlights
- 525' of frontage on Range
- Existing 15,310 SF industrial building on site
- Multiple vacant streets could bring total acreage to 27 AC+/-
Local 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 | $137.8k | $9.00 |
| − Vacancy | −$9.6k | −$0.63 |
| EGI | $128.1k | $8.37 |
| − OpEx | −$38.4k | −$2.51 |
| NOI | $89.7k | $5.86 |
15,310 SF · lease $9.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.28M
$1.12M – $1.50M
NOI $89,701 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$11.51M
$10.07M – $13.43M
NOI $805,668 @ 7.0% cap · market cap 53.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
blue water lift ...
Car Dealership
BLUE WATER LIFT
Car Dealership
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FAQs
What type of property is this?
Industrial land - Industrial land offering 525' of frontage on Range Road, plus an existing 15,310 SF industrial building on site.
Where is this industrial land located?
The property is located at 1405 N Range Road Kimball, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 525' of frontage on Range; Existing 15,310 SF industrial building on site; Multiple vacant streets could bring total acreage to 27 AC+/-
