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Property profile

7892 M-37 Wellston, MI 49689

OFF-MARKET
Industrial properties
18,000 SF 19.81 ac lot Built 2018
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Year built 2018
Total area 18,000 SF
Lot 19.81 ac (862,924 SF)

Cap rate & NOI

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

Location

7892 M-37 Wellston, MI 49689
Wellston metro
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Value estimations

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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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