412 Beecher St Adrian, MI 49221-3806
This exceptional 157,750-square-foot industrial warehouse, located at 412 W. Beecher, Lenawee County, offers a significant opportunity. Recently renovated in 2023, this Class C building boasts 20-foot ceilings and features 107,000 square feet of vacant space available in May 2025, divisible to a minimum of 10,000 square feet and with a maximum contiguous space of 107,000 square feet. The property sits on a 7.29-acre lot and includes six loading docks, four drive-in doors (various sizes: 10x10, 17x16, 12x14, and 16x18), and ample parking for 75 vehicles. A large loading deck on the north side provides convenient access to the high-bay area. The property benefits from two on-site electric substations (12,500 KVA, upgradeable to 50 million megahertz), offering substantial power capacity. Potential for a rail spur exists, with local railroad companies actively seeking to accommodate such needs. The building also includes approximately 2,880 square feet of office space. The property is zoned I-1 and has an APN of XA0-320-0045-04. Annual property taxes are $0.50 per square foot. This is a single-story building constructed in 1970, offering a blend of established infrastructure and modern upgrades. Cross streets are M-52 (S. Main St).
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Adrian, MIAdrian. Always verify with local authorities before improvements.
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.