Property profile

4500 Lapeer St Columbiaville, MI 48421

OFF-MARKET
Industrial properties
4,801 SF 2.23 ac lot Built 1919
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Year built 1919
Total area 4,801 SF
Lot 2.23 ac (97,139 SF)

Cap rate & NOI

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

Location

4500 Lapeer St Columbiaville, MI 48421
Columbiaville 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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