Property profile

711 W Pickard St Mount Pleasant, MI 48858

FOR LEASE
Manufacturing properties
Property ID
US43-2312806
Built 1958
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Property summary

AI-generated overview

THIS ICONIC MT. PLEASANT PROPERTY IS NOW FOR SALE!!! Zoned SD-I (Industrial-Special District), there are many permitted uses including office, warehouse, wholesale, manufacturing, storage and automotive. The property contains three separate structures encompassing approximately 140,000 square feet of space and situated on over 20 acres within the city of Mt. Pleasant. Amenities include Phase 3 electric, Durolast roof, train tracks and 10 truck wells/loading docks(3 indoor and 7 outdoor). ***All information has been utilized from public records or from Seller and should be verified by the Buyer(s)*** bikeScore: 42, Somewhat Bikeable walkScore: 11, Car-Dependent

Property profile

Verified
Property type Manufacturing properties
Year built 1958
UPID US43-2312806

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center
  • Consultant Mortgage Lender
  • High School
  • Consultant Mortgage Lender

Location

711 W Pickard St Mount Pleasant, MI 48858
Mount Pleasant metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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