Two-Story Pole Barn
4896 Cade Road Imlay City, MI 48444
4896 Cade Road, Imlay City, MI, 48444
$189,900
For Sale
$189,900
Two-story pole barn on a 3-acre parcel with 16-foot drive-through doors, concrete floors with drains, and upper exterior access.
Property Size3,120 SF
Lot Size3.00 Acres
Price / SF$60.87
Days on Market439
Property Features for 4896 Cade Road
General Information
- Standard status
- Active
- Size
- 3,120 SF
- Lot size
- 3.00 Acres
- Property subtype
- Lots/Land
Listing agency
Arterra Realty Michigan LLC
(586) 295-7311
Listed by
Todd McNulty · License #6506047684
(586) 295-7311
Source
Exitrealty
Added: May 9, 2025 Updated: Jul 20 at 4:42PM Checked: Jul 21 at 4:00AM
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 Arterra Realty Michigan LLC
Investment Insights
Based on property information with market context.
This property consists of a massive two-story pole barn set on a 3-acre parcel. The main level is built as a 60-by-34 structure with 5-inch thick concrete floors and built-in drains. A dedicated 200-amp electrical meter serves the building, and there are 16-foot garage doors on both ends for straight-through vehicle or equipment access.
The upper level measures 18-by-60 and includes private exterior access. Plumbing is already roughed in for a bathroom, and water is available on the main level. A well exists on-site, but it will require a new pump to be fully operational.
The upper level measures 18-by-60 and includes private exterior access. Plumbing is already roughed in for a bathroom, and water is available on the main level. A well exists on-site, but it will require a new pump to be fully operational.
Key Highlights
- 60x34 two‑story pole barn on a 3‑acre parcel with upper level measuring 18x60
- 16‑foot garage doors on both ends provide drive‑through access for vehicles, trailers, or equipment
- 5‑inch thick concrete floors with built‑in drains
Local Financial Insights For Office B
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 | $18.7k | $6.00 |
| − Vacancy | −$4.4k | −$1.41 |
| EGI | $14.3k | $4.59 |
| − OpEx | −$3.6k | −$1.15 |
| NOI | $10.7k | $3.44 |
3,120 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Flex RnD
$390.7K
$341.9K – $455.8K
NOI $27,348 @ 7.0% cap · market cap 14.40%
Second Best
Warehouse
$306.5K
$268.2K – $357.6K
NOI $21,457 @ 7.0% cap · market cap 11.30%
Theoretical Best
Healthcare Medical
$510.9K
$447.1K – $596.1K
NOI $35,765 @ 7.0% cap · market cap 18.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two-story pole barn on a 3-acre parcel with 16-foot drive-through doors, concrete floors with drains, and upper exterior access.
Where is this flex space located?
The property is located at 4896 Cade Road Imlay City, MI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 60x34 two‑story pole barn on a 3‑acre parcel with upper level measuring 18x60; 16‑foot garage doors on both ends provide drive‑through access for vehicles, trailers, or equipment; 5‑inch thick concrete floors with built‑in drains
