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    Property profile & analytics
    FOR SALE
    Commercial real estate

    15675 Morris Industrial Dr, Schoolcraft, MI 49087

    5,376 SF 4.18 ac lot Built 2002
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US43-2112585
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 15675 Morris Industrial in Schoolcraft, Michigan, presents a compelling investment opportunity. The building encompasses 6,400 square feet of versatile space, ideal for a variety of industrial uses including manufacturing, warehousing, or distribution. The expansive 4.18-acre lot offers significant potential for future expansion or redevelopment. The building itself features three convenient overhead doors for easy loading and unloading, providing efficient access for trucks and equipment. Ten-foot ceilings provide ample vertical space, while the robust 6-inch reinforced concrete floors ensure durability and support heavy machinery. Approximately 2,000 square feet of the building is dedicated to office space, providing a comfortable and functional area for administrative tasks. Its strategic location less than a quarter-mile from US-131 offers unparalleled access to major transportation routes, enhancing logistical efficiency and accessibility. The property is zoned for US-131 Corridor Commercial/Industrial District use, further solidifying its suitability for a wide range of industrial applications. This property represents a rare combination of size, location, and functionality, making it an attractive prospect for businesses seeking a well-equipped and strategically positioned industrial space. The asking price is $895,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2002
    Total area 5,376 SF
    Lot 4.18 ac (182,081 SF)
    APN 14-30-405-072
    UPID US43-2112585
    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
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    Owner & transaction history
    15675 Morris Industrial Drive LLC · 4 yrs held
    15675 Morris Industrial Drive LLC
    since 2021
    3 recorded transactions
    2022
    2021
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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