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Property profile & analytics
OFF-MARKET
Industrial properties

2396 Us 223 Adrian, MI 49221

4,275 SF 0.86 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional 4,275 square foot industrial property, situated on a 0.86-acre lot on US Highway 223 in Adrian, Michigan, presents a unique investment opportunity. The building boasts a newly remodeled interior and exterior, featuring a maintenance-free vinyl and brick faГ§ade. High visibility is ensured by a large programmable LED sign facing the highway, attracting significant attention from passing traffic. Ample parking is available for employees and clients. Security is enhanced by a Swan security camera system. The main 3,075 square foot section is ideally suited for a variety of professional uses, previously occupied by an accounting firm. This area includes a reception/waiting area, multiple offices (five total), a conference room, lunchroom, file storage, mechanical room, and a bathroom. A laundry room adds further convenience. Currently, a portion of the building (1,200 square feet) generates additional income as a thriving beauty salon, with the current tenant expressing interest in remaining. This setup provides immediate cash flow and potential for continued rental income. The property's strategic location, modern amenities, and existing rental income make it an attractive proposition for both owner-occupiers and investors seeking a strong return on investment. The property's versatile layout and high visibility make it suitable for a wide range of businesses.

Property profile
Verified
Property type Industrial properties
Year built 1980
Total area 4,275 SF
Lot 0.86 ac (37,462 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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