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Property profile & analytics
OFF-MARKET
Commercial real estate

2601 Danforth Rd Escanaba, MI 49829-2568

2.06 ac lot
Individually Owned Free & Clear
Property ID
US43-3569453
Property summary
AI-generated overview

This exceptional Escanaba industrial property, situated on a generous 2.06-acre lot, presents a unique opportunity for businesses requiring substantial space and storage. The property boasts a total of 12,974 square feet of versatile space, encompassing multiple buildings constructed over several years. A modern office building, completed in 2020, offers 3 private offices, a reception area, two restrooms, and a break room, complemented by a full basement for additional storage or workspace. This building provides a professional and efficient environment for administrative functions. Adjacent to the office building is a 36x75-foot steel-framed structure built in 1972, featuring a concrete slab foundation, two 12x14 overhead doors (with framing for two more), a Modine heater, and a wood space heater. A larger 60x100-foot building, constructed in 1975, offers impressive 26-foot high ceilings (from rafters to floor), two 12x14 overhead doors, and a 60x16-foot standard height loading dock. This building also includes a Dry Pipe Valve Sprinkler System located in the back left corner and a space heater. Further enhancing the property's storage capacity is a 30x108-foot building, built in 1987, containing 24 individual storage units. The property also includes a substantial gravel area providing ample parking, storage, and maneuvering space. This property is priced at $800,000 and offers a compelling combination of office and warehouse space, making it ideal for a variety of industrial and storage-intensive businesses.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.06 ac (89,734 SF)
APN 051-160-2813-460-003
UPID US43-3569453
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
  • Escanaba Moving Systems Moving Company
  • The Movers, Escanaba Moving Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
TOM WOODAZ
TOM WOODAZ
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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