1878 Fruit St, Clay, MI
5,953 SF industrial property available for sale.
- Added:
- Aug 26, 2025
- Days on Market:
- 303
- Last Refresh:
- May 20 at 9:33 pm
Property Features for 1878 Fruit St
General Information
- Standard status
- Active
- Size
- 5,953 SF
- Lot size
- 0.42 Acres
- Property subtype
- INDUSTRIAL
Listing agent Jason Capitani, SIOR, CCIM (586) 212-5270
Listing office L. Mason Capitani, Inc. (586) 212-5270
Listing date Aug 26, 2025
Source Moodyscre
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 L. Mason Capitani, Inc.
HighLights
- 5,953 SF of industrial space available
- Industrial property is for sale
Overview
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 | $53.6k | $9.00 |
| − Vacancy | −$3.8k | −$0.63 |
| EGI | $49.8k | $8.37 |
| − OpEx | −$14.9k | −$2.51 |
| NOI | $34.9k | $5.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clay
- County
- St. Clair
- State
- Michigan
- Longitude
- -82.5431
- Latitude
- 42.6244
