Property profile

1188 E Huron Rd Au Gres, MI 48703

FOR SALE
Commercial real estate
Property ID
US43-3870950
24.51 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This Au Gres, Michigan industrial property offers a substantial 14,920-square-foot warehouse building on 24.51 acres. The concrete block structure features a concrete floor, pre-cast concrete roof, and approximately 20-foot ceiling heights. Originally built for potato storage, the interior includes plenum divisionary walls. Conveniently located on M-23 between Omer and Au Gres, 2.5 miles west of M-65, the property boasts 750 feet of road frontage and access to municipal water, natural gas, and 480/600 amp 3-phase power. Additional outbuildings are present, including a 3,992-square-foot agricultural barn and a 1,168-square-foot potato storage building, though these are in declining condition. The property also has frontage and driveway access to Noggle Road and abuts a potentially available 7-acre parcel. The asking price is $375,000, translating to $25.13 per square foot. This presents a unique opportunity for various industrial uses. The property's size and location offer significant potential for expansion or redevelopment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 24.51 ac (1,067,656 SF)
APN 003-0-016-200-025-15
UPID US43-3870950

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
  • Building Supply Mill

Location

1188 E Huron Rd Au Gres, MI 48703
Au Gres metro Census 970400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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