Property profile

255 N Alloy Dr Fenton, MI 48430

FOR SALE
Industrial properties
Property ID
US43-4854613
50,000 SF 3.17 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
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No photos on file
For Sale
$1,700,000 50,000 SF
255 N Alloy Dr, Fenton, MI 48430
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Property summary

AI-generated overview

This exceptional 50,000-square-foot industrial property, located at 255 N Alloy Drive in Fenton, Michigan, presents a significant opportunity for businesses seeking a versatile and spacious facility. Situated on a generous 3.5-acre lot, this single-tenant building offers ample space for manufacturing, warehousing, or distribution operations. Constructed in 1996, the property boasts substantial power capabilities, including 1,000 amp power with 277-480v 3-phase heavy-duty service, ideal for energy-intensive processes. The building's zoning is designated as Light Industrial, ensuring compatibility with a wide range of industrial uses. Conveniently located in Genesee County, with a 48430 zip code, the property provides easy access to major transportation routes. The property includes 76 parking spaces, ensuring ample accommodation for employees and visitors. The entire 50,000 square feet is currently vacant, offering immediate occupancy for a prospective tenant or owner-occupier. This property is available for sale or lease, making it an attractive option for various business needs and investment strategies. The property's size, power capacity, and location combine to create a compelling opportunity within the thriving Fenton industrial market. Interested parties are encouraged to inquire for further details and to schedule a viewing.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1996
Total area 50,000 SF
Lot 3.17 ac (138,085 SF)
Zoning code IND
APN 53-27-400-005
UPID US43-4854613

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Location

255 N Alloy Dr Fenton, MI 48430
Fenton metro Census 13205 FLINT, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$1.70M

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IND · Fenton, MI
Zoning description

INDUSTRIAL DISTRICT (IND) Sec. 12.01 Purpose The Industrial District (IND) is intended to primarily accommodate research, wholesale, and warehouse activities, and light industrial operations whose external and physical e…

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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