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    Property profile & analytics
    OFF-MARKET Estimated value $3,705,000
    Flex space

    155 Malow St, Mount Clemens, MI 48043-2189

    41,192 SF 2.14 ac lot Built 1956
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US43-0227514
    Property summary
    AI-generated overview

    This exceptional industrial warehouse property, located at 155 Malow Street in Mount Clemens, Michigan, presents a fantastic opportunity for businesses seeking versatile space. The building boasts a total of 46,662 square feet, with 4,500 square feet currently available for lease. This particular space is ideal for a variety of uses, given its functional layout and ample square footage. The warehouse features a substantial 15-foot ceiling height, providing excellent vertical storage capacity. Loading and unloading operations are facilitated by a single loading dock, ensuring efficient material handling. The property sits on a generous 2.14-acre lot, offering potential for expansion or outdoor storage. Power is robust, with a 1000-amp, 480-volt, 3-phase electrical service, capable of supporting energy-intensive operations. The property is designated as multi-tenant, providing a dynamic and collaborative environment. The address is 155 Malow Street, Mount Clemens, MI 48043. This prime location offers easy access to major transportation routes, making it an attractive option for businesses needing convenient logistics. The available space is ready for immediate occupancy, presenting a unique chance to secure a well-equipped warehouse in a thriving Michigan community. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1956
    Total area 41,192 SF
    Lot 2.14 ac (93,218 SF)
    Zoning code L-1
    APN 05-11-15-403-006
    UPID US43-0227514
    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
    $3.42M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.71M
    Owner & transaction history
    Assurity Life Insurance Company · 2 yrs held
    Assurity Life Insurance Company
    since 2023
    Last sale
    $3.9M
    4 recorded transactions
    2023
    2023
    $3.9M
    2011
    $925,000
    2011
    $1.0M
    Zoning & alternative use
    L-1 · Mount Clemens, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $5.8M +117.5%
    Medical building $5.1M +88.4%
    Commercial (general) $4.2M +57.7%
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