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    OFF-MARKET
    Warehouses

    5 Morelli Dr, New Baltimore, MI 48051

    23,800 SF 1.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents two remaining lots (Lots 1 & 5) within the Morelli Industrial Subdivision in Chesterfield Township, Michigan, offering build-to-suit warehouse space. Lot 1 accommodates up to 25,350 square feet, while Lot 5 offers up to 23,800 square feet. Both lots are zoned for light industrial use (M-1) and sit on sizable parcels ranging from 1.77 to 2.24 acres. The property boasts a Class A designation and features multi-tenant capabilities. Each lot provides ample parking with 61 spaces. The build-to-suit option allows for customization, including 480-volt power, high ceilings, overhead doors, truck wells, a fire suppression system, and flexible office layouts with restrooms and quality control rooms. All city utilities are readily available. This project benefits from an experienced and reputable industrial developer, ensuring a high-quality construction process. This is a rare chance to secure prime industrial space in a thriving location with excellent amenities. The zip code is 48051.

    Property profile
    Verified
    Property type Warehouses
    Total area 23,800 SF
    Lot 1.77 ac (77,101 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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