0 Development Dr Almont, MI 48003
This exceptional Class A industrial property, located at 4639 Development Drive, Almont, MI 48003, offers 22,721 square feet of versatile space, ideal for manufacturing, warehousing, R&D, or flex uses. The single-tenant building, completed in 2023, features a 2,325 square foot office area and a spacious 20,396 square foot warehouse. The warehouse boasts a 20-foot clear height ceiling, enhancing operational efficiency. Loading and unloading are facilitated by one depressed loading dock and one drive-in, at-grade overhead door. Ample parking is provided with 45 spaces. The building's robust electrical system includes 1,000 Amps, 480/277 volt, 3-phase power (75 KVA transformer). Situated on approximately 2.4 acres, the property offers approximately 200 feet of road frontage on Development Drive, with convenient access to Research Drive and Highway 53 (approximately ½ mile west) and Interstate 69 (five miles north). The property is zoned for industrial use and is located in Lapeer County, within the Lapeer and St. Clair Counties submarket. A Michigan Tax Abatement is available. The property is offered for a net lease
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.
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.