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    Property profile & analytics
    OFF-MARKET Estimated value $740,000
    Flex space

    42900 Walnut St, Clinton Township, MI 48036-3177

    13,200 SF 1.05 ac lot Built 1988
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US43-1749684
    Property summary
    AI-generated overview

    This exceptional 12,000-square-foot industrial property, located at 42900 Walnut Street in Clinton Township, Michigan, 48036, presents a compelling investment opportunity. Built in 1988, this single-story, two-level building sits on a 1.053-acre lot and is zoned L-2. The property boasts a remarkable 21-foot clear ceiling height, ideal for various industrial uses. Two 5-ton cranes with a 17-foot underhook are already in place, enhancing operational efficiency. The building features a convenient 12' x 14' grade-level door and an exterior truckwell, facilitating easy loading and unloading. The property includes brand new mechanical systems, ensuring optimal functionality. An existing office space offers flexibility and can be customized to meet specific needs. Its strategic location provides easy access to I-94, making transportation and logistics seamless. The asking price is $1,020,000, translating to $85 per square foot. This property is perfect for distribution, manufacturing, or warehousing operations. Don't miss this chance to acquire a well-maintained, strategically located industrial asset.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1988
    Total area 13,200 SF
    Lot 1.05 ac (45,869 SF)
    Zoning code L-2
    APN 05-11-12-252-014
    UPID US43-1749684
    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
    $800k
    Blend (final) Blend
    $740k
    Owner & transaction history
    Walnut 2023 LLC · 3 yrs held
    Walnut 2023 LLC
    since 2023
    Last sale
    $715,000
    3 recorded transactions
    2023
    $715,000
    2014
    2004
    Zoning & alternative use
    L-2 · Clinton Township, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.1M +15.2%
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