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    Warehouses

    2380 Grand River Ave, Williamston, MI 48895

    29,000 SF 4.93 ac lot Built 1990
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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