Property profile

349 Clay St Coldwater, MI 49036

OFF-MARKET
Other industrial properties
Property ID
US43-2983258
4.19 ac lot
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

A 7,000 sq ft commercial building is situated on 3.5 acres just outside town, set back from the road. The facility includes two bathrooms, dedicated office space, a break room, a conference room, and substantial storage areas. Building systems and utilities include 400-amp electrical service, a 2-ton hoist, and an 80-gallon air compressor. Loading and materials-handling features include a double loading dock and 12-inch thick concrete flooring in the main bay. Exterior and envelope features include updated windows, commercial-grade doors, insulated metal siding, and an asphalt/blacktop parking lot for vehicles. The property operates with its own well and septic system, providing independent water and wastewater service, and it has frontage along the Sauk River. The building is configured to support industrial, manufacturing, or service-oriented uses.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 4.19 ac (182,516 SF)
APN 301-000-000-696-01
UPID US43-2983258

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
  • Industrial Manufacturer

Location

349 Clay St Coldwater, MI 49036-2139
Coldwater metro Census 951600 COLDWATER, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2017
2 recorded transactions
2017
$11,500
2006
Price N/A

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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