Property profile

20055 8th Mile Rd Stanwood, MI 49346

OFF-MARKET
Commercial real estate
Property ID
US43-3874738
3.54 ac lot
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 9,000-square-foot Class A industrial property, built in 2019, is ideally situated in Stanwood, Michigan, directly off US-131 at exit 131. Boasting a single-story design with 16-foot ceilings, the building offers five 14-foot high dock-high doors, providing ample access for loading and unloading. The property sits on a generous 3.54-acre lot with paved parking. Inside, you'll find a functional layout including office space, a conference room, and a sizable mezzanine perfect for additional storage. The versatile HI (Highway Interchange) zoning allows for a multitude of uses. Priced at $799,900 ($88.88/sq ft), this property presents a compelling investment opportunity. The property features a total of 9,000 square feet of net rentable space, and the APN is 09-027-001-100. This is a single-unit building with no loading docks.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.54 ac (154,202 SF)
APN 09 027 001 100
UPID US43-3874738

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20055 8th Mile Rd Stanwood, MI 49346-9102
Stanwood metro Census 960800 BIG RAPIDS, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2016
3 recorded transactions
2016
$28,500
2007
Price N/A
2005
$300,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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