4100 Baldwin Rd Holly, MI 48442
- Industrial properties
- 23,146 SF
- 11.26 lot acres
Current Use by Public Records
- miALERT / Manufacturer
Property Details for 4100 Baldwin Rd
- Year built
- 1977
- Lot size
- 11.26 lot acres
- Property size
- 23,146 SF
- Zone code
- I-1
- Property type
- Industrial properties
- APN
- 12-34-100-005
- APU
- 1234100005
Description
This exceptional investment opportunity presents a 23,249-square-foot warehouse located at 4100 E. Baldwin Rd, Holly, MI 48442. The property sits on a generous 12.15-acre lot and boasts ceiling heights ranging from 14 to 18 feet, providing ample space for various industrial uses. Currently leased to Consumers Energy, the property features a new five-year lease with a three-year option to extend, ensuring a stable income stream. The building, constructed in 1977, is zoned I-1 and benefits from a planned new roof installation in Spring 2022, minimizing future maintenance costs. The property's strong financial performance is highlighted by a pro-forma cap rate of 6.00%. With its strategic location in Genesee County, Michigan, and its secure long-term lease, this warehouse represents a compelling investment opportunity for discerning buyers seeking a stable, high-yield asset. The asking price is $3,400,000. The APN is 12-34-100-005. This is a turnkey investment ready for immediate income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Holly
- County
- Genesee
- State
- Michigan
- Longitude
- -83.6263
- Latitude
- 42.8848
- CBSA code
- 22420
- CBSA name
- FLINT, MI METROPOLITAN STATISTICAL AREA
