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8635 Sterling Heights Drive, Clarksville, MI, 48815
One-Story Industrial Flex Building

8635 Sterling Heights Drive Clarksville, MI 48815

For Sale
$950,000

One-story metal industrial facility with 16-foot doors, a 12x24 office, and separate business suites.

Property Size10,000 SF
Lot Size2.00 Acres
Price / SF$95
Days on Market155

Property Features for 8635 Sterling Heights Drive

General Information

Standard status Active
Size 10,000 SF
Lot size 2.00 Acres
Property subtype Commercial

Building Details

Year Built 2020
Listing Agency: House Of May
Listed By: Dade DiMaggio
Source: Homesforsaleinmich
Added: Feb 24 Changed: Jul 21 Last Checked: Jul 28 at 5:11PM

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 House Of May

Investment Insights

Based on property information with market context.

8635 Sterling Heights Drive is a one-story metal industrial flex building on a concrete foundation, offering both warehouse and office support. The property includes a 12x24 office and dual business suites with separate furnace and utilities, providing independent spaces within the same facility. Loading and operations are supported by 16-foot doors, and the exterior site includes an Roto mill drive and parking lot. Connected well and septic services are also noted, along with an adjacent drainage pond.

The property is located in Clarksville (Boston Township), with highway visibility off US I-96 and positioned between Grand Rapids and Lansing. The listing notes the facility sits on two level acres.

Overall, the building is configured for industrial use with dedicated suites and practical dock/door access for light to heavy operations, based on the features described in the remarks.

Key Highlights

  • 10,000 SF one‑story metal industrial complex built in 2020
  • 2 level acres in Clarksville (Boston Twp) with concrete foundation
  • US I‑96 highway visibility and location between Grand Rapids and Lansing

Financial Insights For Industrial

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 $68.8k $6.88
− Vacancy −$2.0k −$0.20
EGI $66.8k $6.68
− OpEx −$20.0k −$2.00
NOI $46.8k $4.68
10,000 SF · lease $6.88/SF/yr · vacancy 2.90% · expense 30.00%

Alternative Uses

Best Use
Flex RnD
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,776 @ 7.0% cap · market cap 11.13%
Second Best
Industrial
$668.0K
$584.5K – $779.4K (±1% cap)
NOI $46,763 @ 7.0% cap · market cap 4.92%
Theoretical Best
Specialty Retail
$1.91M
$1.67M – $2.22M (±1% cap)
NOI $133,384 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Walnut Grove Hydroseeding General Contractor

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Big Box & Wholesale Store Building Supply Auto Repair Shop Tanning Salon

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Manufacturing property - One-story metal industrial facility with 16-foot doors, a 12x24 office, and separate business suites.
Where is this manufacturing property located?
The property is located at 8635 Sterling Heights Drive Clarksville, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 10,000 SF one‑story metal industrial complex built in 2020; 2 level acres in Clarksville (Boston Twp) with concrete foundation; US I‑96 highway visibility and location between Grand Rapids and Lansing
More about this property
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