Property profile

4623 Young Rd Grayling, MI 49738

OFF-MARKET
Warehouses
250,000 SF
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Property summary

AI-generated overview

This exceptional 250,000-square-foot industrial facility in Grayling, Michigan, offers multiple tenancy options ranging from 50,000 to 250,000 contiguous square feet. Currently fully vacant, this six-story building boasts a 32-foot ceiling height, 12 loading docks, and ample parking (76 spaces). Located at 4623 Young Rd, Grayling, MI 49738, on a 36.94-acre lot, the property provides significant strategic advantages for businesses in the manufacturing, flex, warehouse, distribution, and R&D sectors. Its proximity to Arauco, North America's largest particleboard manufacturer, offers unique logistical benefits, including potential for waste reallocation and material reuse. The building features robust power capabilities (2500 amp / 450V / 3 phase), making it ideal for energy-intensive operations. This turnkey solution presents an unparalleled opportunity for companies seeking efficient, strategically located industrial space. The property is perfectly situated to serve businesses involved in the production and fabrication of particleboard for the furniture and cabinetry industries. This development aims to attract companies from around the globe, fostering growth within Grayling's industrial wood sector.

Property profile

Verified
Property type Warehouses
Total area 250,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4623 Young Rd Grayling, MI 49738
Grayling metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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