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    OFF-MARKET
    Industrial properties

    375 2nd St, Imlay City, MI 48444-1317

    6,954 SF 1.09 ac lot
    Individually Owned 8-yr Hold Free & Clear
    Property ID
    US43-4324789
    Property summary
    AI-generated overview

    This exceptional Imlay City, Michigan industrial property presents a unique opportunity for lease or purchase. Located at 375 E 2nd St, this single-tenant warehouse boasts 6,098 square feet of space within two, one-story buildings situated on a generous 56,925 square foot lot. Built in 1940, the property is zoned R-1 960 and offers significant potential for customization to suit a variety of industrial, warehouse, or distribution needs. The property's adaptable layout and solid infrastructure provide a strong foundation for businesses seeking a versatile and expandable space. The property's location in Lapeer County, Michigan, offers convenient access to key transportation routes and infrastructure. The APN is I19-82-700-000-00. This property is ideal for businesses seeking a well-maintained space with ample room for growth and operational flexibility. The property's single-tenant occupancy provides a streamlined and efficient operational environment. This is a rare opportunity to acquire a well-located and adaptable industrial property in a thriving Michigan community. The zip code is 48444.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Total area 6,954 SF
    Lot 1.09 ac (47,480 SF)
    APN I19-82-700-000-00
    UPID US43-4324789
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Deda Juncevic · 8 yrs held
    Deda Juncevic
    since 2017
    7 recorded transactions
    2019
    2018
    2017
    2017
    2013
    2013
    $10,000
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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