Property summary
This exceptional industrial property, located at 1665 Busha Highway in Marysville, Michigan, presents a remarkable investment opportunity. The warehouse boasts a substantial 9,132 square feet of space situated on a generous 10.9-acre lot. The property features 20 loading docks, offering significant operational efficiency, potentially configured as 10 cross-docks. The building has undergone recent renovations in 2024, including a fresh coat of paint throughout the warehouse and the installation of upgraded LED lighting, enhancing both aesthetics and energy efficiency. The property is currently vacant, providing immediate occupancy for a new tenant. The zoning is designated M-1, allowing for a variety of industrial uses. The property's address is 1665 Busha Hwy, Marysville, MI 48040, with the APN 74-03-051-0014-000. This single-story building offers a functional and versatile space, ideal for various industrial operations. The asking price is $795,500, translating to $87.11 per square foot. This represents a compelling value proposition for a well-maintained, strategically located warehouse with significant capacity.
Property profile
VerifiedCap rate & NOI
Current use
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Freight Service Logistics Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The M-1 Light Industrial Districts are designed so as to primarily accommodate wholesale activities and warehouse and industrial operations whose external, physical effects are restricted to the area of the districts and…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Marysville, MIThe M-1 Light Industrial Districts are designed so as to primarily accommodate wholesale activities and warehouse and industrial operations whose external, physical effects are restricted to the area of the districts and…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The M-1 Light Industrial Districts are designed so as to primarily accommodate wholesale activities and warehouse and industrial operations whose external, physical effects are restricted to the area of the districts and…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-1 in Marysville, MI.
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