4 Morrell St, Yale, MI 48097
For Sale
1 / 15
This expansive 8,000 square foot industrial property, situated on a 0.6-acre lot in Yale, Michigan, presents a remarkable investment opportunity. Currently utilized for cold storage, boats, cars, motorhomes, and trailers, this versatile space offers endless possibilities for a variety of commercial uses. Imagine transforming it into a state-of-the-art warehouse, a bustling retail shop, secure storage facility, or even a unique flea market. The building's substantial size and ample land provide significant flexibility for future development and expansion. The property is currently configured for flat-rate cold storage, showcasing its adaptability to diverse operational needs. Please note that the building will not be available for occupancy until June 1, 2025, with closing on or after that date. All provided information is believed to be accurate, however, it is not guaranteed. This is a rare chance to acquire a substantial industrial property in a desirable location with significant upside potential. The property is priced at $184,900 and a short-term land contract may be possible. Serious inquiries are encouraged to explore this exciting opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.