Property profile

4820 River St Columbiaville, MI 48421

FOR SALE
Commercial real estate
Property ID
US43-4380258
31,880 SF 2.02 ac lot
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

Exceptional investment opportunity: A 36,000-square-foot warehouse situated on a 2.02-acre waterfront lot in Columbiaville, Michigan. This single-tenant industrial property boasts 16' to 20' clear ceiling heights, ideal for various storage and manufacturing needs. The building features three 12' x 14' dock-high doors, ensuring efficient loading and unloading. Power is robust, with 220-volt, 1000-amp service and 300 feet of bus duct. The property enjoys 880 feet of frontage on River Street and over 900 feet of waterfront access on the Holloway Reservoir. Ample parking is available with capacity for over 100 vehicles. City water and sewer utilities are connected. The property is zoned for commercial use and was built in 1970. This prime location offers significant potential for a variety of businesses seeking a spacious, well-equipped warehouse with exceptional waterfront access. The asking price is $1,080,000, translating to $30 per square foot. This represents a compelling value for a property of this size, location, and features.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 31,880 SF
Lot 2.02 ac (87,991 SF)
APN 043-520-002-00
UPID US43-4380258

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4820 River St Columbiaville, MI 48421
Columbiaville metro Census 331500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$976k
Blend (final) Blend
$345k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2018
$250,000
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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