Flex Industrial Property with 14-Foot
401 Kent Ct Midland, MI 48642
401 Kent Ct, Midland, MI, 48642
Contact for pricing
For Sale
Contact for pricing
6,000 SF flex building with office-ready ground floor, tall-shop ceilings, five 14' overhead doors, plus cold storage.
Property Size8,560 SF
Price / SF$64.25
Days on Market115
Property Features for 401 Kent Ct
General Information
- Standard status
- Active
- Size
- 8,560 SF
- Property subtype
- Industrial, Retail
Listing agency
Northern Oak CRE LLC
Listed by
Jonathan Norton · License #MI 6502432709
Source
Crexi
Added: Mar 30 Updated: Jul 22 at 5:14PM Checked: Jul 22 at 5:14PM
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 Northern Oak CRE LLC
Investment Insights
Based on property information with market context.
Located in Midland, MI, this well-maintained flex industrial property combines a finished office component with a functional shop for commercial and industrial operations. The main 6,000 SF building includes a ground-level office space described as clean and move-in ready, along with a spacious shop area with tall ceilings. Five 14-foot overhead doors provide direct access, and the shop is equipped with an in-floor drain, above-ground vehicle hoist, heavy-duty air compressor, and 3-phase power. Additional storage is available on two levels, and there is a dedicated second-floor classroom wing that can support training, administration, or expansion.
At the rear of the property, a 2,580 SF cold storage pole barn features a drive-thru design with 10-foot tall doors, adding specialized storage capability. The site includes two large paved parking areas and additional excess land, offering flexibility for future development or outdoor use.
A recently inspected roof is reported to be in good condition, supporting immediate usability alongside long-term peace of mind.
At the rear of the property, a 2,580 SF cold storage pole barn features a drive-thru design with 10-foot tall doors, adding specialized storage capability. The site includes two large paved parking areas and additional excess land, offering flexibility for future development or outdoor use.
A recently inspected roof is reported to be in good condition, supporting immediate usability alongside long-term peace of mind.
Key Highlights
- 6,000 SF flex industrial building with office‑ready ground floor and additional storage on two levels
- Spacious shop area with tall ceilings and five 14‑foot overhead doors for easy loading and operations
- In‑floor drain, above‑ground vehicle hoist, heavy‑duty air compressor, and 3‑phase power included
Local Financial Insights For Warehouse
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 | $61.6k | $7.20 |
| − Vacancy | −$4.3k | −$0.50 |
| EGI | $57.3k | $6.70 |
| − OpEx | −$8.6k | −$1.00 |
| NOI | $48.7k | $5.69 |
8,560 SF · lease $7.20/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$1.55M
$1.35M – $1.80M
NOI $108,151 @ 7.0% cap · market cap 19.66%
Second Best
Office B
$1.15M
$1.01M – $1.34M
NOI $80,430 @ 7.0% cap · market cap 14.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Town & Country Group
Electrical Service
Similar For Sale Nearby
Similar Off Market Nearby
- Bone Daddy's BBQ — 1900 S Saginaw Rd, Midland, MI 48640
FAQs
What type of property is this?
Flex space - 6,000 SF flex building with office-ready ground floor, tall-shop ceilings, five 14' overhead doors, plus cold storage.
Where is this flex space located?
The property is located at 401 Kent Ct Midland, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 6,000 SF flex industrial building with office‑ready ground floor and additional storage on two levels; Spacious shop area with tall ceilings and five 14‑foot overhead doors for easy loading and operations; In‑floor drain, above‑ground vehicle hoist, heavy‑duty air compressor, and 3‑phase power included
