Property profile

1219 Church St Adrian, MI 49221

OFF-MARKET
Commercial real estate
Property ID
US43-1035829
13,596 SF 0.27 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional value-add opportunity presents a 13,125-square-foot industrial building situated on a 0.5-acre lot in Adrian, Michigan. Located at 1219 E Church St, 49221, this property is zoned INDUSTRIAL and offers significant potential for investors seeking to enhance and reposition a vacant asset. The building, classified as Class C, features a single unit across two stories, and includes one dock-high door. The asking price is $124,900, translating to a price per square foot of $9.52. The property is currently vacant, presenting a blank canvas for immediate improvements and tenant acquisition. The building boasts 3-phase power, a significant advantage for many industrial tenants. Further enhancing its appeal, an adjacent vacant lot across Church Street provides ample parking opportunities. This fee-simple ownership offers complete control and flexibility. The property's APN is XA0-345-0032-01. This is a rare chance to acquire a substantial industrial property in a desirable location with the potential for strong returns. The property's vacant status allows for immediate customization to meet specific tenant needs or to implement value-enhancing renovations. The combination of size, location, and potential makes this a compelling investment prospect.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 13,596 SF
Lot 0.27 ac (11,761 SF)
Zoning code I-1
APN XA0-345-0030-00
UPID US43-1035829

Cap rate & NOI

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

Location

1219 Church St Adrian, MI 49221-3429
Adrian metro Census 61301 ADRIAN, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$350k

Owner & transaction history

since 2026
1 recorded transaction
2026
$75,000

Zoning & alternative use

I-1 · Adrian, MI
Zoning description

The I-1 Light Industrial District is designed so as to primarily accommodate wholesale activities, warehouses, and industrial operations whose external, physical effects are restricted to the area of the district and in…

General category INDUSTRIAL

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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