Property profile

5720 Bates Rd Williamsburg, MI 49690

FOR SALE
Other commercial real estate
Property ID
US43-1927589
28,800 SF 211.7 ac lot Built 2015
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property consists of three industrial buildings. Building A (south) is a 28,800-square-foot steel structure with sidewall heights ranging from 20 to 26 feet, featuring two overhead doors (each 14 feet high by 16 feet wide) and an insulated ceiling; it is not equipped with heating or bathrooms. Building B (middle) is a 14,400-square-foot insulated steel building with 16-foot sidewalls; the east portion is configured as an 80 by 80 foot area that includes cooler space, a truck dock, multiple private offices, a cafeteria room, and two bathrooms, and is heated with DTE gas and air conditioned. Building C (north) is a 5,500-square-foot pole-frame building with a steel roof and 13-foot sidewalls, including four overhead doors (each 12 feet by 12 feet); the north half is insulated and heated with LP gas. Business fixtures and equipment are excluded from the premises, and the property is set to be surveyed.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2015
Total area 28,800 SF
Lot 211.7 ac (9,221,652 SF)
APN 01-002-001-01
UPID US43-1927589

Cap rate & NOI

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

Location

5720 Bates Rd Williamsburg, MI 49690
Williamsburg metro Census 550101 TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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