Industrial Warehouse For
9408 N Saginaw Mount Morris, MI 48458
9408 N Saginaw, Mount Morris, MI, 48458
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For Sale
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Industrial warehouse available for sale, offering a practical 7,200-square-foot footprint for business use.
Property Size7,200 SF
Price / SF$125
Days on Market49
Property Features for 9408 N Saginaw
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2005
Listing agency
Cushman & Wakefield - Detroit - Southfield, Michigan
Listed by
Albert Ellis · License #MI 6506045547
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 11:01AM
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 Cushman & Wakefield - Detroit - Southfield, Michigan
Investment Insights
Based on property information with market context.
This property is an industrial warehouse offered for sale with a total size of 7,200 square feet. It presents a straightforward warehouse format suitable for a range of industrial and storage-oriented needs.
The building is located at 9408 N. Saginaw in Mt. Morris, Michigan (48458). While the listing information provided does not specify site access, frontage, or other external features, it is positioned as a dedicated industrial property within the Mt. Morris area.
For buyers and operators seeking an industrial warehouse, the key consideration is the available floor area for day-to-day operational storage and logistics. This offering is best suited for users who want a single, commercial warehouse asset with a defined total size for planning and occupancy.
The building is located at 9408 N. Saginaw in Mt. Morris, Michigan (48458). While the listing information provided does not specify site access, frontage, or other external features, it is positioned as a dedicated industrial property within the Mt. Morris area.
For buyers and operators seeking an industrial warehouse, the key consideration is the available floor area for day-to-day operational storage and logistics. This offering is best suited for users who want a single, commercial warehouse asset with a defined total size for planning and occupancy.
Key Highlights
- Industrial warehouse built in 2005
- 7,200 sq ft industrial warehouse available for sale
Local Financial Insights For Warehouse
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 | $64.8k | $9.00 |
| − Vacancy | −$6.5k | −$0.91 |
| EGI | $58.3k | $8.09 |
| − OpEx | −$8.7k | −$1.21 |
| NOI | $49.5k | $6.88 |
7,200 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$707.4K
$619.0K – $825.3K
NOI $49,517 @ 7.0% cap · market cap 5.50%
Second Best
Industrial
$582.6K
$509.7K – $679.7K
NOI $40,779 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,055 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Stor & Lock — 9125 N Saginaw Rd, Mt Morris, MI 48458
- Mt. Morris Self Storage — 9030 N Saginaw Rd, Mt Morris, MI 48458
FAQs
What type of property is this?
Warehouse - Industrial warehouse available for sale, offering a practical 7,200-square-foot footprint for business use.
Where is this warehouse located?
The property is located at 9408 N Saginaw Mount Morris, MI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Industrial warehouse built in 2005; 7,200 sq ft industrial warehouse available for sale
