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    Property profile & analytics
    OFF-MARKET Estimated value $515,000
    Industrial properties

    510 Moulton St, Belding, MI 48809-1246

    24,420 SF 1.6 ac lot Built 2001
    Entity Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-2295736
    Property summary
    AI-generated overview

    This exceptional 24,420-square-foot industrial building in Belding, Michigan, presents a unique sublease opportunity. Situated on a 1.6-acre lot, this single-story structure boasts a warehouse area of 23,420 square feet, including 7,641 square feet of freezer/cooler space maintained at 18 degrees Fahrenheit. The warehouse features two loading docks directly servicing the cold storage area, along with seven drive-in doors for convenient access. High ceilings, reaching 20 feet at the peak, provide ample vertical space. Power is robust, with 3,600 amps of 480v/3-phase electricity available. In addition to the warehouse, a 1,000-square-foot office space is included, complete with cubicles, two restrooms, and a break area. The current sublease agreement with Home City Ice extends through 2029, but flexible terms are available. The property is zoned I-1 and is ideal for businesses requiring significant warehouse space, cold storage capabilities, and ample power. This standalone building offers a prime location in Belding, Michigan, with easy access to major transportation routes (specific details not provided). The property is ready for immediate occupancy, subject to sublease terms. Contact us to discuss your business needs and explore the possibilities of this exceptional industrial space.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 2001
    Total area 24,420 SF
    Lot 1.6 ac (69,696 SF)
    Zoning code I-1
    APN 34-401-160-000-005-00
    UPID US43-2295736
    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
    Current use
    Occupant on record · Public records
    • Arctic Glacier Premium Ice Big Box & Wholesale Store Distribution Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $435k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $594k
    Blend (final) Blend
    $515k
    Owner & transaction history
    Nm Glcr 2 LLC · 7 yrs held
    Nm Glcr 2 LLC
    since 2018
    2 recorded transactions
    2018
    2012
    Zoning & alternative use
    I-1 · Belding, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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