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    Property profile & analytics
    OFF-MARKET Estimated value $4,120,000
    Industrial properties

    1045 Durant Dr, Howell, MI 48843-9536

    112,575 SF 8 ac lot Built 1992
    Entity Owned 15-yr Hold ~ Est. High Equity
    Property ID
    US43-1173186
    Property summary
    AI-generated overview

    This exceptional industrial property, located in Livingston County, offers 50,000 square feet of immediately available warehouse and distribution space within a larger 112,500 square foot building. The space is divisible to a minimum of 25,000 square feet and can accommodate up to 50,000 contiguous square feet. Built in 1992, the building boasts a 28-foot clear ceiling height, perfect for high-volume storage and operations. Loading is facilitated by two loading docks, supplemented by five 12' x 14' grade-level doors and five truckwells. The property features ample parking with 173 surface spaces. Power is robust, providing 3000 amps, 480 volts, and 3-phase heavy power, ensuring sufficient capacity for demanding operations. The space is described as "super clean" and benefits from convenient access to I-96 via M-59 cross street. The property sits on an 8-acre lot and is zoned LI (Light Industrial). The Livingston County APN is 06-28-401-026. Short-term lease options are available. The lease rate is $8.50 per square foot, gross. This is a turnkey solution for businesses seeking efficient and well-equipped warehouse space.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1992
    Total area 112,575 SF
    Lot 8 ac (348,480 SF)
    Zoning code I
    APN 06-28-401-026
    UPID US43-1173186
    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
    Current use
    Occupant on record · Public records
    • Schwartz Precision Gear Co Industrial Manufacturer
    • Meritor Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.12M
    Blend (final) Blend
    $4.12M
    Owner & transaction history
    Howell Industrial Props LLC · 15 yrs held
    Howell Industrial Props LLC
    since 2011
    7 recorded transactions
    2025
    2018
    2011
    $1.9M
    2000
    1969
    1969
    1969
    Zoning & alternative use
    I · Howell, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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