Flex Industrial Buildings with
4850 & 4870 E Fulton St. Ada MI Ada, MI 49301
4850 & 4870 E Fulton St. Ada MI, Ada, MI, 49301
Contact for pricing
For Sale
Contact for pricing
Pending
Two industrial buildings total 68,373 SF, featuring office space, high clear heights, and multiple dock and drive-in doors.
Property Size68,373 SF
Days on Market525
Property Features for 4850 & 4870 E Fulton St. Ada MI
General Information
- Standard status
- Pending
- Size
- 68,373 SF
- Property subtype
- Industrial
Listing agency
First Companies, Inc
(616) 698-5000
Listed by
Ty Hallock · License #MI
Source
Crexi
Added: Feb 11, 2025 Updated: Jul 21 at 3:09AM Checked: Jul 21 at 3:09AM
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 First Companies, Inc
Investment Insights
Based on property information with market context.
This sale offering includes two flex industrial buildings totaling 68,373 square feet of flexible use space. 4850 E. Fulton St. provides 35,875 SF with approximately 3,800 SF of office space, including in-floor heating, an open cube area, private offices, a conference room, and restrooms. Its warehouse portion offers 21’–23’ ceiling heights, approximately 2,000 amps of power, a mezzanine, two docks, and two drive-in doors.
4870 E. Fulton St. contains 32,498 SF of open warehouse space with a restroom. The facility includes 23’–25’ ceiling heights, approximately 2,000 amps of power with buss bar, two docks, and three drive-in doors.
According to the remarks, the properties are located on Fulton St. near Ada with quick and easy access to I-96. Combined, the buildings are configured to support light manufacturing, warehousing, and distribution uses, depending on operational needs.
4870 E. Fulton St. contains 32,498 SF of open warehouse space with a restroom. The facility includes 23’–25’ ceiling heights, approximately 2,000 amps of power with buss bar, two docks, and three drive-in doors.
According to the remarks, the properties are located on Fulton St. near Ada with quick and easy access to I-96. Combined, the buildings are configured to support light manufacturing, warehousing, and distribution uses, depending on operational needs.
Key Highlights
- Two industrial buildings total 68,373 SF of flexible light‑manufacturing, warehousing, and distribution space.
- 4850 Fulton St: 35,875 SF total with ~3,800 SF office space, including in‑floor heating, open cube area, private offices, conference room, and restrooms.
- 4850 Fulton St warehouse: 21'-23' ceiling heights, 2,000‑amps power, buss bar, mezzanine, 2 docks, and 2 drive‑in doors.
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 | $470.4k | $6.88 |
| − Vacancy | −$13.6k | −$0.20 |
| EGI | $456.8k | $6.68 |
| − OpEx | −$68.5k | −$1.00 |
| NOI | $388.2k | $5.68 |
68,373 SF · lease $6.88/SF/yr · vacancy 2.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$9.76M
$8.54M – $11.39M
NOI $683,169 @ 7.0% cap · market cap 11.48%
Second Best
Warehouse
$5.55M
$4.85M – $6.47M
NOI $388,250 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$12.23M
$10.70M – $14.27M
NOI $856,026 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Perforated Tubes, Inc.
Factory
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two industrial buildings total 68,373 SF, featuring office space, high clear heights, and multiple dock and drive-in doors.
Where is this flex space located?
The property is located at 4850 & 4870 E Fulton St. Ada MI Ada, MI.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Two industrial buildings total 68,373 SF of flexible light‑manufacturing, warehousing, and distribution space.; 4850 Fulton St: 35,875 SF total with ~3,800 SF office space, including in‑floor heating, open cube area, private offices, conference room, and restrooms.; 4850 Fulton St warehouse: 21'-23' ceiling heights, 2,000‑amps power, buss bar, mezzanine, 2 docks, and 2 drive‑in doors.
