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Property profile & analytics
OFF-MARKET
Industrial properties
201 Vinewood St Durand, MI 48429-1623
Entity Owned
Free & Clear
Property ID
US43-3468786
Property summary
AI-generated overview
This expansive 42,678-square-foot industrial warehouse is situated on a 6.04-acre lot in Durand, Michigan, at 201 E Vinewood St, 48429. The property features convenient loading docks and grade-level doors, along with heavy power capabilities. Zoned I-1 (Industrial), this single-tenant facility offers significant potential. Currently occupied, the asking price is $1,000,000, or $23.43 per square foot. The property includes an additional 0.40-acre parcel, ideal for expansion or storage. Its strategic location, 1.46 miles south of the I-69/E M71 interchange, provides easy access to both Lansing and Flint, making it an attractive option for various industrial businesses. The property's APN is 020-78-003-001-00
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
0.4 ac (17,424 SF)
Zoning code
I-1
APN
020-78-010-001
UPID
US43-3468786
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
Current use
Occupant on record · Public records
-
2nd Chance Wood Co General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
II CHANCE WOOD PROPERTIES LLC
II CHANCE WOOD PROPERTIES LLC
Zoning & alternative use
I-1 · Durand, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
134.34 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Durand submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durand submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$504
Tax year 2024
Assessed value
$7,830
Assessed 2024
Previous assessed
$7,300
+7.3% YoY
Effective rate
6.44%
On assessed value
Total market value
$15,660
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Lot
0.4 ac (17,424 SF)
Zoning code
I-1
APN
020-78-010-001
UPID
US43-3468786
Jurisdiction
SHIAWASSEE
Zoning & alternative use
I-1 · Durand, MIZoning I-1 · permitted uses
I-1 · Durand, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
134.34 ac
Source
Realmo
Building & site characteristics
From public records
Lot
0.4 ac
Current owner
From public records · entity-resolved
II CHANCE WOOD PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
201 E VINEWOOD ST, DURAND, MI 48429-1623
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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