5353 Us-223 Adrian, MI 49221
This exceptional 64,358-square-foot executive office building, located at 5353 W US-223 in Adrian, Michigan, presents a compelling investment opportunity. Constructed in 1982, this single-story Class B property sits on an expansive 11.08-acre lot, providing ample space and potential for future development. The building boasts 307 parking spaces, ensuring convenient access for employees and clients. Features include a 10-foot ceiling height, one loading dock, and a newly installed roof in 2022, minimizing immediate maintenance needs. The property also benefits from a backup generator, ensuring business continuity during power outages. Its prime location along US-223 offers excellent visibility and signage opportunities, enhancing its marketing potential. The property's APN is AD0132407500, and the zip code is 49221. This property is situated in Lenawee County, Michigan, and offers a rare combination of size, location, and features, making it an ideal acquisition for a variety of business needs. The substantial parking and expansive lot size provide flexibility for future expansion or additional development. This is a turnkey opportunity to acquire a well-maintained and strategically located commercial property 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.