Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Manufacturing properties

    265 S Harris Rd, Ypsilanti, MI 48198

    10,800 SF 1.37 ac lot Built 1994
    Entity Owned 15-yr Hold Free & Clear
    Property ID
    US43-1912650
    Property summary
    AI-generated overview

    This 10,800-square-foot distribution warehouse in Ypsilanti, Michigan, offers a prime location near US-12 and I-94, approximately four miles from Willow Run Airport. Built in 1994 and extensively renovated in 2015 and 2021-2022, the property boasts a new roof (2021), expanded and repaved parking lot (2021), new landscaping and irrigation (2021), and a high-resolution video surveillance system (2022). The building features a drive-in overhead door, access to a common area loading dock, approximately 100 feet of floor drain grid, and 120/240, 3-phase heavy electrical power. The interior includes a polished concrete floor (2019), an industrial floor cleaning system (2019), and is fully heated and air-conditioned. Ceiling height ranges from 9 to 12 feet. The 1.3-1.4 acre lot provides ample space, with 50 total parking spaces. The building is zoned B1/OS1 and has an APN of 2223-35-105-009. Approximately 1,000 square feet of the warehouse space has recently been used as retail space with tile flooring. Up to 15,000 additional square feet of warehouse and office space may be available in adjacent buildings. The property is located at 265 S Harris Rd - Building A, Ypsilanti, MI 48198, in Washtenaw County.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1994
    Total area 10,800 SF
    Lot 1.37 ac (59,677 SF)
    APN K -11-11-271-004
    UPID US43-1912650
    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
    by Request
    Comparable Approach Comparable
    $809k
    Blend (final) Blend
    $810k
    Owner & transaction history
    Web Ent Properties LLC · 15 yrs held
    Web Ent Properties LLC
    since 2010
    2 recorded transactions
    2010
    $11,905
    2009
    $11,905
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.3M +89.3%
    Retail stores $1.2M +76.5%
    Warehouse, storage $920,000 +30.6%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message