15675 Morris Industrial Dr, Schoolcraft, MI 49087
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.