576-588 Olds St Jonesville, MI 49250
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.