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    OFF-MARKET
    Industrial properties

    200 Williams St, Alma, MI 48801-2000

    1.57 ac lot
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-2885830
    Property summary
    AI-generated overview

    This versatile 33,500-square-foot industrial property, situated on a 75,358.8-square-foot lot at 200 Williams Street in Alma, Michigan, presents a significant investment opportunity. Currently utilized as storage/warehouse space, this building offers substantial potential for conversion to various manufacturing, warehousing, or distribution uses. The property boasts convenient drive-in doors and a loading dock, ensuring efficient access for loading and unloading. Its strategic location within Alma's industrial park provides easy access to major transportation arteries, including US-127 and M-46, facilitating seamless north/south and east/west travel. The property's central Michigan location offers proximity to key regional hubs, with Lansing less than an hour away and Saginaw under 45 minutes. The asking price for this exceptional property is $299,000. This presents a rare chance to acquire a substantial industrial space with high conversion potential in a prime location. The property's size and features make it suitable for a variety of commercial uses, offering a strong return on investment for the right buyer. The address is 200 Williams Street, Alma, MI 48801, in Gratiot County.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 1.57 ac (68,389 SF)
    APN 51-353-015-00
    UPID US43-2885830
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Williams Rd Properties LLC · 5 yrs held
    Williams Rd Properties LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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