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Property profile & analytics
OFF-MARKET
Warehouses

0 Development Dr Almont, MI 48003

22,721 SF 2.5 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 22,721 SF
Lot 2.5 ac (108,900 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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