Industrial Property With New
For Sale
Contact for pricing
4100 E Baldwin Rd, Holly, MI 48442
Industrial property featuring a new five-year lease with Consumers Energy.
Property Size23,249 SF
Price / SF$146.24
Days on Market1697
Property Features for 4100 E Baldwin Rd
General Information
Standard status
Active
Size
23,249 SF
Property subtype
Industrial
Zoning
I-1
Building Details
Year Built
1977
Listing Agency:
Lee & Associates - Naples
Listed By:
Jeff Buckler · License #MI
Source:
Crexi
Added: Feb 12, 2022
Changed: Sep 28
Last Checked: Oct 5 at 4:55PM
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 Lee & Associates - Naples
Investment Insights
Based on property information with market context.
This industrial property, encompassing 23,249 square feet, is currently available for sale. A new five-year lease is in place with Consumers Energy, which includes an option to extend for an additional three years. A new roof is planned for installation in Spring 2022.
Key Highlights
- New five‑year lease with Consumers Energy.
- One additional three‑year option to extend the lease.
- New roof planned for Spring 2022.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,874
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,797,480
$2.8M
Cap Rate 7%
$1,998,200
$2.0M
Cap Rate 9%
$1,554,156
$1.6M
Market Conditions
NOI Build-Up for 23,249 SF
Gross rent
$170.9K $7.35/SF
− Vacancy
−$6.3K −$0.27/SF
EGI
$164.6K $7.08/SF
− OpEx
−$24.7K −$1.06/SF
NOI
$139.9K $6.02/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,797,480
Cap Rate 7%
$1,998,200
Cap Rate 9%
$1,554,156
Alternative Uses
Best Use
Warehouse
$2.00M
$1.75M – $2.33M
NOI $139,874 @ 7.0% cap · market cap 4.11%
Second Best
Industrial
$1.65M
$1.44M – $1.92M
NOI $115,190 @ 7.0% cap · market cap 3.39%
Theoretical Best
Specialty Retail
$5.01M
$4.39M – $5.85M
NOI $351,023 @ 7.0% cap · market cap 10.32%
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
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48442, MI
21,803
Population
9,722
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
85.9 sq mi
ZIP Area
254
Density / Sq Mi
$80,281
Median Household Income
$50,769
Median Earnings
$1,243
Median Rent
$252,500
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.
Similar Off Market Nearby
- Storage Sense — 10433 N Holly Rd, Holly, MI 48442
- Baldwin Road Storage — 4141 E Baldwin Rd, Holly, MI 48442
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property featuring a new five-year lease with Consumers Energy.
Where is this warehouse located?
The property is located at 4100 E Baldwin Rd Holly, MI.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: New five‑year lease with Consumers Energy.; One additional three‑year option to extend the lease.; New roof planned for Spring 2022.
