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    OFF-MARKET Estimated value $1,840,000
    Manufacturing properties

    125 Hawthorne Ave, Saint Joseph, MI 49085-2636

    100,128 SF 10.11 ac lot Built 1968
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US43-3678086
    Property summary
    AI-generated overview

    This exceptional St. Joseph, Michigan industrial property, located at 125 Hawthorne Avenue, encompasses a substantial 124,256 square feet on a 10.1-acre lot. The single-tenant building, constructed in 1968, features a blend of manufacturing and warehouse space. A significant 39,000-square-foot manufacturing area boasts ceiling heights ranging from 14 to 18.5 feet and includes 1,300 square feet of office space. The expansive 80,932-square-foot warehouse area offers ceiling heights of 20 to 21 feet. The property benefits from robust power infrastructure, including 440-volt, 3-phase heavy power with primary service, and 120/240-volt, 3-phase, 3,000-amp secondary service with buss duct wiring throughout the manufacturing area. Loading and unloading are facilitated by six dock-high doors and one loading dock. Ample parking is available with 170 spaces. Additional features include a 12-foot by 14-foot overhead door and a wet sprinkler system. The roof was recently replaced within the last three years. The property is zoned I-1 and is offered for lease as a whole or with potential for subdivision to accommodate the right tenant. The property's APN is 76-0550-0015-00-4, and it's situated in Berrien County, Michigan, with a zip code of 49085.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1968
    Total area 100,128 SF
    Lot 10.11 ac (440,304 SF)
    Zoning code I-1
    APN 76-0550-0015-00-4
    UPID US43-3678086
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.84M
    Blend (final) Blend
    $1.84M
    Owner & transaction history
    Clark Logistics Group Xlv LLC · 5 yrs held
    Clark Logistics Group Xlv LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    I-1 · Saint Joseph, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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