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    Development Dr Almont, MI 48003

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    For Lease
    Contact for pricing

    22,721 SF Manufacturing/Warehouse

    Lot size:
    22,721 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial property, located at 4639 Development Drive, Almont, MI 48003, offers 22,721 square feet of versatile space, ideal for manufacturing, warehousing, R&D, or flex uses. The single-tenant building, completed in 2023, features a 2,325 square foot office area and a spacious 20,396 square foot warehouse. The warehouse boasts a 20-foot clear height ceiling, enhancing operational efficiency. Loading and unloading are facilitated by one depressed loading dock and one drive-in, at-grade overhead door. Ample parking is provided with 45 spaces. The building's robust electrical system includes 1,000 Amps, 480/277 volt, 3-phase power (75 KVA transformer). Situated on approximately 2.4 acres, the property offers approximately 200 feet of road frontage on Development Drive, with convenient access to Research Drive and Highway 53 (approximately ½ mile west) and Interstate 69 (five miles north). The property is zoned for industrial use and is located in Lapeer County, within the Lapeer and St. Clair Counties submarket. A Michigan Tax Abatement is available. The property is offered for a net lease

    Property Features for 0 Development Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,721 SF
    Class
    A

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    22,271 SF

    HighLights

    • 22,721 SF Class A industrial building in Almont, MI.
    • Single‑tenant, 2023 construction, featuring 2,325 SF of office space and a 20,396 SF warehouse.
    • 20‑foot clear height warehouse with one drive‑in door and one dock‑high door.
    • 45 parking spaces and 1,000 AMP, 480/277‑volt, 3‑phase power (75 KVA transformer).
    • 2.4‑acre lot with 200' of frontage on Development Drive, near I‑69 and M‑53.
    • Net lease opportunity with available Michigan Tax Abatement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Map

    City
    Almont
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.048529904371
    Latitude
    42.930841131977

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    FAQs

    What type of property is this?
    Life science property - 22,721 SF Manufacturing/Warehouse
    Where is this life science property located?
    The property is located at Development Dr Almont, MI.
    What are key features of this property?
    This property features: 22,721 SF Class A industrial building in Almont, MI.; Single-tenant, 2023 construction, featuring 2,325 SF of office space and a 20,396 SF warehouse.; 20-foot clear height warehouse with one drive-in door and one dock-high door.
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    Development Dr Almont, MI 48003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Development Dr Almont, MI 48003
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