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Property profile & analytics
FOR SALE
Warehouses

1704 E Highland Rd Highland, MI 48356

50,672 SF 4.46 ac lot Built 1967
Entity Owned 11-yr Hold Free & Clear
Property ID
US43-0937052
Property summary
AI-generated overview

This exceptional 27,326 square foot flex space offers a unique opportunity for businesses seeking a strategic location. The property boasts a substantial 27,000 square feet of vacant space, divisible to a minimum of 10,000 square feet, with a maximum contiguous space of 27,326 square feet. Situated on a generous 4.7-acre lot, the property includes a 44-door, 50-foot cross-dock truck terminal, enhancing logistical efficiency. Additional features include a +/- 8,000 square foot office space, a three-bay shop, and ample parking for 600 vehicles. The property also benefits from three drive-in bays and a fully fenced yard, providing secure outdoor storage. Built in 1960, the building features a 16-foot ceiling height, ideal for various industrial uses. The property is conveniently located with easy access to US Highway 46 and I-80, making it an attractive location for logistics and distribution businesses. The property is zoned for industrial use and is fully serviced with water, sewer, and natural gas. Lease terms are negotiable. This Class C building presents a compelling opportunity for businesses seeking a well-equipped and strategically located industrial space.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Total area 50,672 SF
Lot 4.46 ac (194,278 SF)
Zoning code II
APN H -11-23-202-003
UPID US43-0937052
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
$2.43M
Blend (final) Blend
$1.95M
Owner & transaction history
1704 Highland Properties LLC · 11 yrs held
1704 Highland Properties LLC
since 2014
2 recorded transactions
2014
Price N/A
2014
$155,000
Zoning & alternative use
II · Highland, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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