Property summary
This exceptional 79,830-square-foot warehouse, situated on a sprawling 7.05-acre lot in Milan, Michigan, presents a compelling investment opportunity. Built in 1962 and extensively renovated in 2023, the property boasts a versatile layout ideal for various industrial uses. The building features a generous 166 parking spaces, ensuring ample room for employees and visitors. Loading and unloading are efficient with two loading docks and seven overhead doors. The warehouse offers impressive ceiling heights ranging from 10 to 20 feet, providing ample vertical space for storage and operations. The property includes 5,696 square feet of office space, providing comfortable administrative areas. Power is robust, with 2,800 amps, 480 volts, and 3-phase service. Modernizations include the recent installation of new LED lighting, enhancing energy efficiency and brightness. The property is zoned for General Business/Industrial use, offering flexibility for a wide range of businesses. The property's address is 525 Redman Rd, Milan, MI 48160, and its APN is 53-030-003-00. This well-maintained and updated warehouse is ready for immediate occupancy and represents a significant opportunity in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Warehouse & Storage
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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