4639 Development Dr, Almont, MI 48003
New flex space with customization options and tax abatement.
- Added:
- Mar 2, 2026
- Days on Market:
- 126
- Last Refresh:
- Mar 16 at 1:54 pm
Property Features for 4639 Development Dr
General Information
- Standard status
- Active
- Size
- 22,271 SF
- Lot size
- 2.40 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2026
Listing office Perry Pelton
Listing date Mar 2, 2026
Source Crexi
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 Perry Pelton
HighLights
- New construction with expected delivery June 2026.
- Michigan Tax Abatement available.
- Customizable property to suit specific needs.
- 22,721 total square feet (2,325 sf office, 20,396 sf warehouse).
- Convenient location: close proximity to Hwy 53 (0.5 miles) and I‑69 (5 miles).
- Ample power supply: 1,000 Amps 480/277 volt - 3 phase (75 KVA trnsfmr).
Overview
Local Financial Insights For Flex RnD
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 | $334.1k | $15.00 |
| − Vacancy | −$33.7k | −$1.52 |
| EGI | $300.3k | $13.49 |
| − OpEx | −$105.1k | −$4.72 |
| NOI | $195.2k | $8.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Almont
- County
- Lapeer
- State
- Michigan
- Longitude
- -83.0375
- Latitude
- 42.9337
