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    Property profile & analytics
    OFF-MARKET Estimated value $1,060,000
    Industrial properties

    575 Mansfield St, Ypsilanti, MI 48197-5157

    19,200 SF 8.7 ac lot Built 1995
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US43-4774059
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1995
    Total area 19,200 SF
    Lot 8.7 ac (378,972 SF)
    Zoning code SPLIT
    APN 11-11-37-230-011
    UPID US43-4774059
    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
    • Bochi North America Industrial Manufacturer Production Facility
    • QC American Industrial Manufacturer Metal Fabrication Plant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.06M
    Blend (final) Blend
    $1.06M
    Owner & transaction history
    Qc American LLC · 18 yrs held
    Qc American LLC
    since 2007
    3 recorded transactions
    2007
    $1.2M
    1994
    1969
    Zoning & alternative use
    SPLIT · Ypsilanti, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $1.6M +30.6%
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