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Property profile & analytics
OFF-MARKET
Industrial properties

576-588 Olds St Jonesville, MI 49250

10,000 SF 2.37 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This exceptional Jonesville, MI, industrial property presents a compelling investment opportunity. Comprising two buildings totaling 10,000 square feet on a generous 2.37-acre parcel, this property offers significant potential. The first building, located at 576 Olds, encompasses 6,000 square feet and is currently configured as office/retail space. It houses one small tenant, Willow Insurance Group, occupying 825 square feet, leaving ample space for expansion or additional tenants. The second building, situated at 588 Olds, offers 4,000 square feet of office space and has been continuously occupied by the USDA since 1999. The property boasts convenient features including two access drives, providing ample access and maneuverability. With over 93 parking spaces, there is no shortage of parking for employees and visitors. Prominent monument/pylon signage ensures high visibility and brand recognition. Located in the Highway Commercial (HC) district of the Village of Jonesville, this highly visible site sits southwest of the downtown area, at the entrance to the Jonesville Industrial Park, guaranteeing excellent exposure to a high volume of traffic. This property is ideally suited for an owner-occupant seeking a value-add opportunity or an investor looking for a strong return on investment in a desirable location. The existing tenants provide a stable income stream, while the substantial available space allows for future growth and development.

Property profile
Verified
Property type Industrial properties
Year built 1995
Total area 10,000 SF
Lot 2.37 ac (103,237 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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