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    4820 River St Columbiaville, MI 48421

    Sponsored
    For Sale
    $1,080,000

    36,000 SF warehouse, 2 acres, waterfront.

    Property size:
    36,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity: A 36,000-square-foot warehouse situated on a 2.02-acre waterfront lot in Columbiaville, Michigan. This single-tenant industrial property boasts 16' to 20' clear ceiling heights, ideal for various storage and manufacturing needs. The building features three 12' x 14' dock-high doors, ensuring efficient loading and unloading. Power is robust, with 220-volt, 1000-amp service and 300 feet of bus duct. The property enjoys 880 feet of frontage on River Street and over 900 feet of waterfront access on the Holloway Reservoir. Ample parking is available with capacity for over 100 vehicles. City water and sewer utilities are connected. The property is zoned for commercial use and was built in 1970. This prime location offers significant potential for a variety of businesses seeking a spacious, well-equipped warehouse with exceptional waterfront access. The asking price is $1,080,000, translating to $30 per square foot. This represents a compelling value for a property of this size, location, and features.

    Property Features for 4820 River St

    General Information

    Property type
    Distribution properties
    Square Feet
    36,000 SF
    Lot Size
    87,991 SF

    Building Details

    Year Built
    1970

    HighLights

    • 36,000 square feet of space
    • 16‑20 foot clear ceiling height
    • 220‑volt, 1000‑amp power supply
    • 2.02 acres of waterfront land
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Bar & Pub HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbiaville
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.4146959
    Latitude
    43.1560594

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Distribution property - 36,000 SF warehouse, 2 acres, waterfront.
    Where is this distribution property located?
    The property is located at 4820 River St Columbiaville, MI.
    What is the asking price?
    The asking price for this property is $1,080,000.
    What are key features of this property?
    This property features: 36,000 square feet of space; 16-20 foot clear ceiling height; 220-volt, 1000-amp power supply
    Request Owner's contact information
    4820 River St Columbiaville, MI 48421
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    4820 River St Columbiaville, MI 48421
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