7101 Dixie Hwy Newport, MI 48166-9774
This exceptional industrial property located at 7101 N DIXIE, Newport, MI presents a compelling investment opportunity. Boasting a generous 3,283 square feet of space, the building is situated on a sizable 1.76-acre lot, offering ample room for expansion or outdoor operations. Recent improvements significantly enhance its value and functionality. These upgrades include a freshly painted and cleaned interior, providing a move-in ready space for immediate occupancy. Furthermore, a newer roof and furnace have been installed, ensuring long-term cost-effectiveness and reduced maintenance needs. Several other building upgrades have also been completed, further enhancing its appeal. The property's expansive lot size provides significant flexibility for various business applications. This is a rare opportunity to acquire a well-maintained industrial building with recent upgrades in a desirable location. Don't miss out on this chance to secure a valuable asset with significant potential for growth and return on investment. The asking price is $125,000. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.