Property profile

111 S Lake St Oscoda, MI 48750

FOR SALE
Commercial real estate
Property ID
US43-3571764
0.36 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,000 square foot industrial property, located at 111 S Lake St in Au Sable Charter Township, Michigan (48750), presents a unique investment opportunity. Boasting brand new construction professionally completed by a custom home builder, this versatile space features a combination of office, showroom, and warehouse areas, ideal for a contractor or similar business. The warehouse itself measures approximately 33' x 40', offering 16' high walls, two 14' overhead doors, and heated floors with temperature control. Two 100-amp panels service the office areas, while two 220-amp panels power the shop/warehouse. The property sits on a 0.37-acre lot, zoned Commercial C-2 General Business, allowing for a range of commercial uses. There's even potential for future expansion with additional building space available at the rear of the lot. This turnkey operation is ready for immediate occupancy and offers a compelling blend of functionality and modern amenities. Don't miss this chance to acquire a high-quality, newly constructed industrial property in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.36 ac (15,682 SF)
APN 021S3000002000
UPID US43-3571764

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Marina

Location

111 S Lake St Oscoda, MI 48750
Oscoda metro Census 400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2024
Last sale
$360,000
3 recorded transactions
2024
$360,000
2022
Price N/A
2022
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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