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    FOR LEASE
    Warehouses

    1701 Technical Dr, Saint Johns, MI 48879

    339,220 SF 36.58 ac lot Built 2002
    Entity Owned ~ Est. High Equity
    Property ID
    US43-2197169
    Property summary
    AI-generated overview

    This exceptional 332,750-square-foot Class B industrial distribution center, built in 2003, is available for sale or lease in Saint Johns, Michigan. The single-story facility sits on a generous 27.53-acre lot and offers significant expansion potential of up to 135,880 square feet. The building boasts 107,070 square feet of temperature-controlled space and 225,680 square feet of dry storage, making it ideal for a variety of uses. Features include 40 loading docks (38 levelers & locks for dry goods, 2 plus 2 levelers & locks for refrigerated goods), three grade-level doors, and ample trailer parking for 77 spaces (plus 62 dock positions). The building has a 37-foot ceiling height and a 300 AMP, 480 V main service. Its strategic location along US-127 provides easy access to major transportation routes, with Lansing approximately 35 minutes away, Grand Rapids within 1 hour and 20 minutes, and Detroit within 1 hour and 40 minutes. The property is zoned for industrial use and is offered fee simple. This property presents a rare opportunity to acquire a well-maintained, expansive distribution center priced below replacement cost.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2002
    Construction CONCRETE
    Total area 339,220 SF
    Lot 36.58 ac (1,593,425 SF)
    Zoning code I-1
    APN 300-004-300-095-00
    UPID US43-2197169
    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
    $10.93M
    Blend (final) Blend
    $11.00M
    Owner & transaction history
    Dumke Holdings St Johns LLC
    Dumke Holdings St Johns LLC
    since 2025
    Last sale
    $12.0M
    7 recorded transactions
    2025
    $12.0M
    2020
    2020
    2020
    2017
    2016
    2013
    Zoning & alternative use
    I-1 · Saint Johns, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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