4500 Lapeer St, Columbiaville, MI 48421
This exceptional 4,801 square foot industrial property in Columbiaville, MI, presents a compelling investment opportunity. Situated on a 2.23-acre lot, this versatile space boasts a prime location with a daily traffic count of 14,416 vehicles, ensuring high visibility and accessibility. The building features multiple offices, ideal for administrative and operational needs, and is equipped to handle a variety of industrial and commercial uses. Power is robust, with 1,600 amps of 3-phase power (408/277v) available, supported by three transformers within the warehouse. Climate control is comprehensive, including six 5-ton AC units, a 27,000 BTU ductless heat pump, and a two-zone wall-mounted heater. A 1,000-gallon water reservoir addresses diverse operational requirements. Logistics are simplified by a 12-foot roll-up door, facilitating easy access for deliveries and equipment. The property benefits from a recently installed, durable metal roof (29 gauge) and 6" gutters (2020 installation). An additional lot is included, providing ample space for expansion or extra parking. This property is priced at $545,000 and offers a unique blend of functionality, location, and potential, making it an ideal choice for businesses seeking to establish or expand their operations in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.