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    Turn-Key Industrial Warehouse Title is generated by Realmo AI

    5943 N Michigan Road, Dimondale, MI 48821

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    Picture of Flex space at 5943 N Michigan Road, Dimondale, MI
    For Sale
    $1,250,000

    COMMERCIAL - Dimondale, MI

    Property size:
    12,554 SF
    Lot size:
    2.71 Acres
    Price / SF:
    $99/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 12:06 am

    Property Features for 5943 N Michigan Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking
    25
    Standard status
    Active
    APN
    23-080-013-200-045-00
    Size
    12,554 SF
    Lot size
    2.71 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    COM 267.8 FT W & 300 FT S OF NE COR SEC.13, S 01 DEG 38MIN 30SEC W 234.23 FT, S 40DEG 21MIN 43SEC E 87.25 FT TO C/L M-99, SWLY ALONG C/L M-99 280 FT, N 37DEG 30SEC W 398.32 FT, N 52DEG 30MIN E 60 FT, N 70DEG 36MIN 18SEC E 382.27 FT TO BEG. SUBJ TO 60 FT EASEMENT FOR INGRESS & EGRESS. SEC.13, T3N,R3W, WINDSOR TWP 1986
    Tax Annual Amount
    24708

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1993
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Aluminum Siding
    Roof type
    Aluminum

    We can help!

    Listing Contact
    Lisa Allen-Kost

    Listing agent Lisa Allen-Kost License #6501365317

    Listing office Coldwell Banker Professionals-E.L. 830 W Lake Lansing Rd Ste 290, Okemos, MI

    Listing date Jun 2, 2026

    MLS# 296464

    Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turn‑key industrial space for sale/lease with 12,554 SF
    • Built in 1993 with aluminum siding and an aluminum roof
    • Includes forced‑air heating and central air cooling
    • On public water and public sewer
    • Configured with warehouse storage/distribution plus professional office and reception area
    • Features full power and an overhead door

    Overview

    This turn-key industrial property is set up for warehouse storage and distribution, currently operating as the home of USA Insulation. The space includes a functional warehouse area with full power and an overhead door, along with a professional office and reception area suited for coordinating inbound and outbound activity. The building is offered at 12,554 square feet, making it a straightforward option for tenants or owners seeking an operationally ready industrial layout.

    Located near I-96 and I-127, the site supports efficient regional access for logistics and deliveries. The property sits on 2.71 acres, providing room to support industrial use at the property level.

    With its combination of warehouse functionality and dedicated office/reception space, this facility is well matched for businesses that need on-site customer-facing presence while maintaining practical storage and distribution capabilities. For a buyer looking for a ready-to-operate industrial asset, or a tenant seeking a plug-and-play warehouse solution, the existing improvements reduce the need for immediate interior buildout.
    Property Profile Location Intelligence

    Current Use by Public Records

    A & M Storage Trailers Storage Facility

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dimondale
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6047059
    Latitude
    42.6532314

    Nearby Similar for Sale

    • $314,900
      3,428 SF

      Upgraded Mixed-Use Investment Opportunity

      Mixed-use property with commercial and residential units in Dimondale.
      140 Bridge St, Dimondale, MI 48821
      View Details
    • $314,900

      Upgraded Mixed-Use Investment Opportunity

      Mixed-use property with commercial and residential units in Dimondale, MI.
      144 Bridge St, Dimondale, MI 48821
      View Details

    FAQs

    What type of property is this?
    Flex space - Turn-key industrial building with warehouse storage, full power, overhead door, and office/reception space for distribution operations.
    Where is this flex space located?
    The property is located at 5943 N Michigan Road Dimondale, MI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Turn‑key industrial space for sale/lease with 12,554 SF; Built in 1993 with aluminum siding and an aluminum roof; Includes forced‑air heating and central air cooling
    (517) 230-9678
    We can help!
    Listing Contact
    Lisa Allen-Kost
    Real Estate License ID: 6501365317
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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