575 Mansfield St, Ypsilanti, MI 48197-5157
This 22,580-square-foot industrial building in Ypsilanti, Michigan, presents a compelling investment opportunity. Situated on 8.7 acres and zoned PMD (Production, Manufacturing, and Distribution), this property boasts 19,200 square feet of warehouse/manufacturing space featuring 30' to 24' ceiling heights, two overhead bay doors (18'H x 16'W and 14'H x 12'W), a mezzanine, and two cranes (15-ton and 10-ton). The 3,340-square-foot office area includes a break room, restrooms, and a new roof (2019). The building benefits from robust infrastructure including 1600 amps, 480-208 volts 3-phase electric service, a 112.5 KVA transformer, one loading dock, a fire suppression system, and HVAC throughout. Additional income streams are generated by two billboards ($43,000 annual revenue) and a cell tower lease ($12,000 annual revenue). Conveniently located near I-94 and US-12, this property offers excellent highway visibility and easy access to major transportation routes in Southeast Michigan, making it ideal for distribution, manufacturing, or warehousing businesses. Built in 1995, this property is vacant and ready for immediate occupancy.
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Bochi North America Industrial Manufacturer Production Facility
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QC American Industrial Manufacturer Metal Fabrication Plant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SPLIT · Ypsilanti, MIYpsilanti. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.