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    Warehouse with Fenced Yard Title is generated by Realmo AI

    5742 Peck Road, Croswell, MI 48422

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    Claim this Listing
    For Sale
    $375,000

    Warehouse property on two busy roads with fenced rear area and two garage doors for straightforward access and operations.

    Type:General Commercial
    Property size:
    3,742 SF
    Lot size:
    3.16 Acres
    Price / SF:
    $100/SF
    Added:
    Mar 13, 2026
    Days on Market:
    96
    Last Refresh:
    Jun 15 at 4:40 am

    Property Features for 5742 Peck Road

    General Information

    Standard status
    Active
    Size
    3,742 SF
    Lot size
    3.16 Acres
    Property subtype
    General Commercial

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    Listing Contact
    Michael Rickerman
    Michael Rickerman

    Listing agent Michael Rickerman License #6506045489

    Listing office Epique Inc.

    Listing date Mar 13, 2026

    Source Xome

    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 Epique Inc.

    HighLights

    • 3.16‑acre commercial site at the intersection of Peck Rd (M‑90) and Wildcat Rd with high visibility on two heavily traveled roads
    • 3,700+ SF building set up as front and rear portions: 1,582 SF (40x40) plus 2,160 SF (40x54)
    • Front portion includes upper‑level storage; rear portion includes additional upper‑level storage
    • Two garage doors for access: 12'H x 12'W front door and 10'H x 8'W side door
    • Fenced rear portion of the property supports controlled staging or operations
    • Lot dimensions listed as 308.22 x 447.66

    Overview

    The property includes a 3,700+ square foot warehouse building on a 3.16-acre site, with a fenced rear portion. The building is divided into front and rear sections, with the front portion measuring 40x40 and the rear portion measuring 40x54. Both sections include upper level storage. Access is provided by two garage doors, including a 12'H x 12'W front door and a 10'H x 8'W side door.

    The site is located at the intersection of Peck Road (M-90) and Wildcat Road, offering high visibility from two heavily traveled roads. The listing notes that there is debris and miscellaneous items both inside and outside the property, and visitors should use caution when walking the premises.

    This warehouse is best suited for an owner-operator or investor looking for a value-add redevelopment, given that the building needs a complete renovation. The fenced rear area can support storage or yard-style staging, while the existing garage doors and upper storage areas provide a practical starting point for a range of light industrial or warehousing concepts once improvements are made.

    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 $30.1k $8.04
    − Vacancy −$1.5k −$0.40
    EGI $28.6k $7.64
    − OpEx −$4.3k −$1.15
    NOI $24.3k $6.49
    3,742 SF · lease $8.04/SF/yr · vacancy 5.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $347.1K
    $303.7K – $404.9K (±1% cap)
    NOI $24,294 @ 7.0% cap · market cap 6.48%
    Second Best
    Industrial
    $285.8K
    $250.1K – $333.5K (±1% cap)
    NOI $20,007 @ 7.0% cap · market cap 5.34%
    Theoretical Best
    Office A
    $794.7K
    $695.4K – $927.2K (±1% cap)
    NOI $55,631 @ 7.0% cap · market cap 14.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Auto Repair Shop Gym & Fitness Center Storage Facility (Bike/Boat/Book/etc) Store Wine and Liquor Store Nursing Home (Bike/Boat/Book/etc) Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • A+ Storage - Croswell — 5178 Peck Rd, Croswell, MI 48422

    Location Insight

    • Map
    • Local Demand
    City
    Croswell
    County
    Sanilac
    State
    Michigan
    Longitude
    -82.58945
    Latitude
    43.265936

    FAQs

    What type of property is this?
    Warehouse - Warehouse property on two busy roads with fenced rear area and two garage doors for straightforward access and operations.
    Where is this warehouse located?
    The property is located at 5742 Peck Road Croswell, MI.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 3.16‑acre commercial site at the intersection of Peck Rd (M‑90) and Wildcat Rd with high visibility on two heavily traveled roads; 3,700+ SF building set up as front and rear portions: 1,582 SF (40x40) plus 2,160 SF (40x54); Front portion includes upper‑level storage; rear portion includes additional upper‑level storage
    More about this property
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