74026 Tietz St, Armada, MI 48005-3229
This exceptional 5,020-square-foot industrial warehouse, situated on a 1.3-acre lot in Armada, Michigan (48005), presents a compelling investment opportunity. Built in 1965 and extensively renovated in 2020, the property boasts a modern three-phase 480V electrical system. The main floor offers 4,500 square feet of open space, ideal for various industrial uses, featuring epoxy floors and impressive 14-foot ceilings. A well-appointed office with a full bath adds convenience. Upstairs, a newly constructed 500-square-foot lounge/office provides additional flexible workspace. The property is zoned for industrial use and is located at the end of a quiet street, offering both privacy and accessibility. The asking price is $399,999, translating to $79.68 per square foot. This property is perfect for businesses needing ample space and modern amenities. The quiet location offers a peaceful work environment while remaining easily accessible. This is a rare opportunity to acquire a well-maintained, updated industrial space in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
V-I · Armada, MIArmada. 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.