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Property profile

Benzonia, MI 49616

OFF-MARKET
Industrial properties
1,500 SF 4.8 ac lot Built 2024
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Property summary

AI-generated overview

This 1,500 sq ft industrial unit, situated on a 4.8-acre lot in Benzonia, MI, offers exceptional storage and maintenance capabilities. Located just five minutes from the Crystal Lake Boat Launch and within walking distance of Crystal Plaza shopping center and Memorial Park, this property provides convenient access to amenities. The unit boasts a 16-foot ceiling height, 14' x 14' insulated garage doors with LiftMaster side-mounted lift and keyless entry, and a protective steel-covered entrance. Heating is provided by a 100,000 BTU Reznor UDXC universal gas-fired heater, while superior insulation (R-19 NuWool Wallseal sprayed cellulose in walls and R-38 blown-in cellulose in trusses) ensures energy efficiency. The durable interior features white finished steel walls and a concrete slab floor with a floor drain, pressure relief cuts, and a 4-foot apron with bollards. Secured entry is facilitated by a keypad-accessed service door. The unit has its own PIN, tax, and utility bill. Restrictions on use and building specifications are available in the provided documents. There is still time to upgrade to air conditioning or epoxy flooring. This property presents a unique opportunity for secure and convenient storage solutions.

Property profile

Verified
Property type Industrial properties
Year built 2024
Total area 1,500 SF
Lot 4.8 ac (209,088 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Benzonia, MI 49616
Benzonia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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