Property profile

2380 Grand River Ave Williamston, MI 48895

OFF-MARKET
Warehouses
29,000 SF 4.93 ac lot Built 1990
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Property summary

AI-generated overview

This exceptional industrial property, located at 2380-2400 E Grand River Ave in Williamston, Michigan, presents a significant investment opportunity. The single-tenant, Class B warehouse boasts 29,000 square feet of space, situated on a 4.93-acre lot. Built in 1990 and renovated in 1995, the building features 7 loading docks, a 12' x 14' drive-in door, and ample parking for 40 vehicles. The warehouse offers 14' to 16' clear ceiling heights, ideal for various industrial uses. Included is approximately 4,000 square feet of office space. The property is equipped with 480-volt power and a redundant power generator, ensuring reliable operation. A 100% fire suppression system provides enhanced safety. The property is zoned I-1 (Light Industrial), allowing for a wide range of potential uses. Its convenient location near Lansing and Webberville, with easy access to I-96, provides excellent accessibility. The asking price is $1,850,000 ($63.79/sq ft). This well-maintained building offers immediate occupancy. The property's APN is 18-07-01-227-006

Property profile

Verified
Property type Warehouses
Year built 1990
Total area 29,000 SF
Lot 4.93 ac (214,751 SF)

Cap rate & NOI

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

Location

2380 Grand River Ave Williamston, MI 48895
Williamston metro
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Value estimations

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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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