$6.50 SF/Yr 180,900 SF available

454 North St, Mason, MI 48854
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The property at 454 North St, Mason, Michigan is a manufacturing facility configured for industrial operations, with heavy electrical power infrastructure to support substantial electrical loads. It includes a large fenced exterior lot providing secured outdoor space for industrial use. The facility is situated near General Motors, offering proximity to a major corporate and industrial presence, and its manufacturing zoning/classification and power and site improvements are the primary enduring physical attributes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?

$75k

Tax billed · 2022

Assessed value · 2023$1.38M

Assessed land$119k

Assessed improvement$1.26M

Effective rate5.46%

Value estimate

· Oct 2026

$1.62M

$1.46M – $1.78M

CAP approach$1.54M

Submarket $/SF estimate$1.53M

NOI build-up

Gross scheduled income$1.74M

Vacancy & credit loss−$175k

Operating expenses−$546k

NOI · 15,612,400.00% cap applied$1.01M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$93/SF

County average, outlier-cleaned · 168 recorded sales of this use type

Observed band · Q1–Q3$51 – $138

Cap rate analysis

How does the asset earn?

15,612,400.00%

$1.01M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency14.4

Dental Office11.7

Kitchen & Bath11.0

454 North St Mason, MI 48854

County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby

Address Sale price Sold Size

411 Cedar, Mason, MI 48854-1020 $216,000 Aug 2024 3,335 SF

205 Mason, Mason, MI 48854-1127 $345,000 Dec 2022 5,320 SF

790 Columbia St, Mason, MI 48854-1387 $75,000 Nov 2022 4,358 SF

807 Kerns, Mason, MI 48854-1001 $200,000 Sep 2022 4,032 SF

427 Jefferson, Mason, MI 48854-1653 $260,000 Oct 2020 2,682 SF

100 Ash, Mason, MI 48854-1646 $510,000 Oct 2020 6,935 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,005,000

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200 Oak St

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200 Oak St, Mason, MI 48854-1730

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Value Estimation
$2,340,000

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700 Eden Rd

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700 Eden Rd, Mason, MI 48854-9277

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Value Estimation
$565,000

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230 Maple St

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230 Maple St, Mason, MI 48854-1678

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Value Estimation
$560,000

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518 College Rd

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518 College Rd, Mason, MI 48854-9544

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Value Estimation
$350,000

5,320 SF

205 Mason St

OFFICE BUILDING

205 Mason St, Mason, MI 48854-1127

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Value Estimation
$540,000

5,076 SF

624 Cedar St, Unit 93

OFFICE BUILDING

624 Cedar St, Mason, MI 48854-1589

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454 North St Mason, MI 48854

Property summary