7892 M-37 Wellston, MI 49689
This exceptional commercial property in Wellston, MI, presents a rare opportunity. Situated on a highly visible corner of M-55/M-37, this 19.81-acre lot boasts two substantial buildings totaling 18,000 square feet. The first building, measuring 60x160 feet, features 14-foot overhead doors, heating, a workshop, a lean-to, upstairs storage, and a half-bathroom. The second building, at 60x200 feet, offers similar amenities including heating, living quarters, a bathroom, and one overhead door. This building's versatile layout allows for customization to suit various business needs, whether it's expanding storage, creating office space, or establishing a showroom. Adding to the property's unique appeal is a 40x60 steel-covered entertainment area, previously used for events and gatherings. The expansive acreage surrounding the buildings offers significant potential for future development and expansion. Whether you need outdoor storage, recreational areas, or additional structures, this property provides ample room for growth and adaptation to meet your specific requirements. The property is priced at $1,400,000. This is a truly unique opportunity to acquire a substantial and versatile industrial property in a high-traffic location.
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
Similar Nearby for Sale
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.