Turn-Key Industrial
5943 N Michigan Road Dimondale, MI 48821
5943 N Michigan Road, Dimondale, MI, 48821
$1,250,000
For Sale
$1,250,000
COMMERCIAL - Dimondale, MI
Property Size12,554 SF
Lot Size2.71 Acres
Price / SF$99.57
Days on Market47
Property Features for 5943 N Michigan Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- 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
Listing Agency
Coldwell Banker Professionals-E.L.
(517) 332-5100
830 W Lake Lansing Rd Ste 290, Okemos, MI
Listed by
Lisa Allen-Kost · License #6501365317
(517) 230-9678
Added: Jun 2 Checked: Jul 18 at 1:06 am
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.
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- Industrial space for sale/lease with 12,554 SF of warehouse/storage and distribution use
- Full power and overhead door for warehouse functionality
- Includes professional office and reception area
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 | $92.3k | $7.35 |
| − Vacancy | −$4.1k | −$0.32 |
| EGI | $88.2k | $7.03 |
| − OpEx | −$13.2k | −$1.05 |
| NOI | $75.0k | $5.97 |
12,554 SF · lease $7.35/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.78M
$1.56M – $2.08M
NOI $124,502 @ 7.0% cap · market cap 9.96%
Second Best
Warehouse
$1.07M
$937.3K – $1.25M
NOI $74,980 @ 7.0% cap · market cap 6.00%
Theoretical Best
Multifamily LT 5
$144.53M
$126.46M – $168.62M
NOI $10,117,139 @ 7.0% cap · market cap 809.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
A & M Storage Trailers
Storage Facility
Similar For Sale Nearby
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: Industrial space for sale/lease with 12,554 SF of warehouse/storage and distribution use; Full power and overhead door for warehouse functionality; Includes professional office and reception area