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    10464 Bryan Hwy Onsted, MI 49265

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    10464 Bryan Hwy Onsted, MI 49265

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    • Industrial properties
    • 39,806 SF
    • 8.61 lot acres
    For Sale
    View Listing →
    Scenic Irish Hills Opportunity For Sale
    Contact for pricing
    39,780 SF

    Scenic Irish Hills Opportunity

    Rare commercial property for sale in Michigan's Irish Hills.

    10464 Bryan Hwy, Onsted, MI 49265
    View Listing
    Property ID
    US43-1078223
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Groeb Farms Inc / Food Processing Plant
    • Natural American Foods, Inc. / Industrial Manufacturer / Production Facility

    Property Details for 10464 Bryan Hwy

    Year built
    1991
    Lot size
    8.61 lot acres
    Property size
    39,806 SF
    Zone code
    IN
    Property type
    Industrial properties
    APN
    CA0-114-3350-00
    APU
    CA0114335000

    Description

    This exceptional flex space industrial building, located at 10464 Bryan Highway in Onsted, Michigan, presents a rare opportunity for businesses seeking versatile and spacious accommodations. Situated in Lenawee County, this property boasts a total of 39,780 square feet, divided into three individual suites, offering flexibility for various operational needs. Suite sizes range from a generous 4,800 square feet to an expansive 19,457 square feet, providing options to suit businesses of all scales. The building's industrial classification ensures ample space for storage, manufacturing, or light industrial operations, while the flex space designation allows for adaptable configurations to meet specific business requirements. The property's location in Michigan's scenic Irish Hills offers a desirable setting for employees and clients alike. The multiple tenancy structure provides opportunities for diverse business partnerships or individual occupancy of the available suites. This prime location in Onsted, Michigan, zip code 49265, offers easy access to major transportation routes, enhancing logistical efficiency. The property is ready for immediate occupancy, presenting a unique chance to establish or expand your business in a highly sought-after area. Contact us today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Onsted
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.1617
    Latitude
    42.0353
    CBSA code
    10300
    CBSA name
    ADRIAN, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,051
    $0.00
    $0.00
    $592,900
    -
    $0.00
    $0.00
    $1,185,800

    Comparable in this City

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      127,350 SF

      8570 M 50

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    • Value Estimation by Request
      1,545 SF

      7315 Onsted Hwy

      Industrial properties • 1,545 SF
      7315 Onsted Hwy, Onsted, MI 49265
      View Details
    • Value Estimation by Request
      11,654 SF

      11703 Pentecost Hwy

      INDUSTRIAL (GENERAL) • 11,654 SF
      11703 Pentecost Hwy, Onsted, MI 49265-9700
      View Details
    • Value Estimation by Request
      1,008 SF

      11840 Hane Hwy

      COMMERCIAL (GENERAL) • 1,008 SF
      11840 Hane Hwy, Onsted, MI 49265-9772
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    • Value Estimation by Request
      1,584 SF

      125 Main St

      COMMERCIAL (GENERAL) • 1,584 SF
      125 Main St, Onsted, MI 49265-9501
      View Details
    • Value Estimation
      $715,000
      14,265 SF

      275 Main St

      COMMERCIAL (GENERAL) • 14,265 SF
      275 Main St, Onsted, MI 49265-9763
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Industrial/Flex Property on 8.62 Acres

      39,780 SF industrial/flex property with expansion potential.
      10464 Bryan Hwy, Onsted, MI 49265
      View Details
    • $400,000
      40.00 Acres

      40 Acres Vacant Land Onsted

      Two parcels totaling 40 acres in Onsted, Michigan.
      10000 Stephenson Rd, Onsted, MI 49265
      View Details
    • Contact for pricing
      39,780 SF

      Scenic Irish Hills Opportunity

      Rare commercial property for sale in Michigan's Irish Hills.
      10464 Bryan Hwy, Onsted, MI 49265
      View Details
    • $225,000
      0.67 Acres

      Land For Sale, Onsted, MI

      Vacant land available in Onsted, Michigan.
      Castlebar Ln, Onsted, MI 49265
      View Details
    • Contact for pricing
      0.44 Acres

      Residential Land Near Loch Erin

      Land for sale near Loch Erin in Onsted, Michigan.
      7966 Kingsley Dr, Onsted, MI 49265
      View Details
    • $4,100,000
      Pending

      Multi-Use Landholding with Building

      Large, contiguous landholding suitable for agriculture, recreation, and investment.
      M 50, Onsted, MI 49265
      View Details
    View Listing
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    Onsted, MI 49265
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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