Mixed-Use Warehouse and
6094 Corporate Dr, Fair Haven, MI 48023
For Sale
New
$2,325,000
The property includes a two-story office component and on-site generator, with I-1 zoning.
Property Size25,900 SF
Price / SF$89.77
Days on Market6
Property Features for 6094 Corporate Dr
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Warehouse Space
Office Build-Out
Conditioned Warehouse
Additional Details
Property Use
Building Details
Building Size
Listing Agency:
L. Mason Capitani, Inc.
Listed By:
Jason Capitani · License MI #6502137804
(586) 212-5270
Source:
Cpix.resimplifi
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:26PM
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 L. Mason Capitani, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property combines warehouse space with a two-story office component. The building is climate-controlled and includes an on-site generator. The office area has finished interiors, and the property is zoned I-1.
Key Highlights
- On‑site generator
- I‑1 zoning
- Two‑story office component
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$184,266
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,685,320
$3.7M
Cap Rate 7%
$2,632,371
$2.6M
Cap Rate 9%
$2,047,400
$2.0M
Market Conditions
NOI Build-Up for 25,900 SF
Gross rent
$233.1K $9.00/SF
− Vacancy
−$16.3K −$0.63/SF
EGI
$216.8K $8.37/SF
− OpEx
−$32.5K −$1.26/SF
NOI
$184.3K $7.11/SF
Area
St. Clair County, MI
Vacancy
7.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,685,320
Cap Rate 7%
$2,632,371
Cap Rate 9%
$2,047,400
Alternative Uses
Best Use
Warehouse
$2.63M
$2.30M – $3.07M
NOI $184,266 @ 7.0% cap · market cap 7.93%
Second Best
Mixed Use
$2.55M
$2.23M – $2.98M
NOI $178,710 @ 7.0% cap · market cap 7.69%
Theoretical Best
Multifamily LT 5
$19.47M
$17.04M – $22.72M
NOI $1,362,952 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 48023, MI
4,967
Population
2,375
Households
2.1
Avg Household Size
45
Median Age
22%
College-Educated
93%
High-School Grad
17.0 sq mi
ZIP Area
292
Density / Sq Mi
$79,345
Median Household Income
$35,449
Median Earnings
$1,277
Median Rent
$236,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property includes a two-story office component and on-site generator, with I-1 zoning.
Where is this mixed-use property located?
The property is located at 6094 Corporate Dr Fair Haven, MI.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: On‑site generator; I‑1 zoning; Two‑story office component
