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Property profile & analytics
FOR SALE
Manufacturing properties

61166 Van Dyke Ave Washington, MI 48094

98,221 SF Built 1964
Property ID
US43-Q011773
Property summary
AI-generated overview

Fortis Net Lease is pleased to present Laser Specialists, Inc., an industrial investment opportunity located at 61166 Van Dyke in Washington, Michigan. The property consists of a 98,221 square foot industrial facility situated within a well-established industrial corridor. Constructed in 1964, the building has been significantly improved through substantial capital investment by both ownership and tenant. Laser Specialists is a family-owned company with over 30 years of operating history, specializing in laser cutting and fabrication services. The tenant serves a diversified client base across automotive, agriculture, aerospace, military, appliance, construction, energy, fitness equipment, and architectural industries. With extensive recent improvements, expansion potential, and a strategic location within the Metro Detroit industrial market, this asset represents a compelling opportunity for investors seeking durable cash flow and long-term value. Washington Township, located in Macomb County, Michigan, offers residents a blend of rural charm and suburban convenience. Situated amidst picturesque landscapes and rolling hills, the township provides a tranquil escape from the hustle and bustle of nearby urban centers while still offering easy access to amenities and attractions. Washington Township is characterized by its spacious residential areas, where single-family homes and estates are nestled among lush greenery, creating a serene and idyllic setting for families and individuals alike. In addition to its natural beauty, Washington Township boasts a thriving community spirit and a range of recreational opportunities. The township is home to several parks and outdoor spaces, including Stony Creek Metropark, which offers miles of hiking and biking trails, picnic areas, and a scenic lake for boating and fishing. Residents can also enjoy local events and festivals throughout the year, as well as a variety of shopping and dining options in nearby commercial districts. With its blend of rural tranquility, suburban amenities, and community engagement, Washington Township provides a welcoming and desirable place to call home in the Metro Detroit area.

Property profile
Verified
Property type Manufacturing properties
Year built 1964
Total area 98,221 SF
UPID US43-Q011773
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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