Light Manufacturing
7300 Danielle Dr, Almont, MI 48003
For Sale
$1,400,000
Owner-user industrial facility with shop and office areas, heavy power, grade-level access, and supporting outbuildings.
Property Size10,400 SF
Lot Size7.23 Acres
Price / SF$134.62
Days on Market49
Property Features for 7300 Danielle Dr
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Drive-In Doors
Power
Three-Phase Power
Cold Storage
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Year Renovated
Construction
Listed By:
Colleen Lannoo
(586) 329-9900
Source:
Elliman
Added: Sep 19
Changed: Oct 25
Last Checked: Nov 6 at 10:11AM
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 Colleen Lannoo
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Investment Insights
Based on property information with market context.
This 10,400 SF light manufacturing facility combines approximately 8,050 SF of shop space with 2,330 SF of offices on a 7.23-acre property. The 1.5-story building was constructed in 1991 and renovated in 2015. Features include 16-foot ceilings, two grade-level doors measuring 12 feet and 14 feet, 480 AMP/3-phase power, natural gas, LED lighting, foam spray insulation in the primary shop, and air lines throughout the shop. Office areas use forced-air heating and cooling, while the shop is heated by gas radiant units with an attic fan.
The building includes five offices, a kitchen, an employee room, one shop office, and four bathrooms consisting of one full and three half baths. Additional improvements include a 20-foot by 20-foot metal shed, a shipping container, and approximately 21 parking spaces. The property includes approximately 2.40 acres of usable industrial land and 4.83 acres of wetlands. It is located near I-69, includes three parcels, offers immediate occupancy, and is being sold as-is.
The building includes five offices, a kitchen, an employee room, one shop office, and four bathrooms consisting of one full and three half baths. Additional improvements include a 20-foot by 20-foot metal shed, a shipping container, and approximately 21 parking spaces. The property includes approximately 2.40 acres of usable industrial land and 4.83 acres of wetlands. It is located near I-69, includes three parcels, offers immediate occupancy, and is being sold as-is.
Key Highlights
- 10,400 SF facility on 7.23 acres, including approximately 2.40 acres of usable industrial land
- Approximately 8,050 SF of shop space and 2,330 SF of office space
- 16’ ceilings with two grade‑level doors measuring 12’ and 14’
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,524
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,430,480
$1.4M
Cap Rate 7%
$1,021,771
$1.0M
Cap Rate 9%
$794,711
$794.7K
Market Conditions
NOI Build-Up for 10,400 SF
Gross rent
$93.6K $9.00/SF
− Vacancy
−$9.5K −$0.91/SF
EGI
$84.1K $8.09/SF
− OpEx
−$12.6K −$1.21/SF
NOI
$71.5K $6.88/SF
Area
Lapeer County, MI
Vacancy
10.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,430,480
Cap Rate 7%
$1,021,771
Cap Rate 9%
$794,711
Alternative Uses
Best Use
Warehouse
$1.02M
$894.1K – $1.19M
NOI $71,524 @ 7.0% cap · market cap 5.11%
Second Best
Industrial
$841.5K
$736.3K – $981.7K
NOI $58,902 @ 7.0% cap · market cap 4.21%
Theoretical Best
Healthcare Medical
$1.70M
$1.49M – $1.99M
NOI $119,216 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
16 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 48003, MI
6,506
Population
2,469
Households
2.6
Avg Household Size
42
Median Age
23%
College-Educated
95%
High-School Grad
33.2 sq mi
ZIP Area
196
Density / Sq Mi
$88,533
Median Household Income
$46,308
Median Earnings
$925
Median Rent
$275,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Owner-user industrial facility with shop and office areas, heavy power, grade-level access, and supporting outbuildings.
Where is this manufacturing property located?
The property is located at 7300 Danielle Dr Almont, MI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 10,400 SF facility on 7.23 acres, including approximately 2.40 acres of usable industrial land; Approximately 8,050 SF of shop space and 2,330 SF of office space; 16’ ceilings with two grade‑level doors measuring 12’ and 14’
