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    FOR SALE
    Industrial properties

    7535 Martin Rd, Saint Charles, MI 48655

    99,672 SF 10.64 ac lot Built 1987
    Entity Owned 22-yr Hold Free & Clear
    Property ID
    US43-1805493
    7535 Martin Rd, Saint Charles, MI 48655 For Sale
    $3,750,000 99,672 SF
    7535 Martin Rd, Saint Charles, MI 48655
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    Property summary
    AI-generated overview

    This exceptional 99,672-square-foot industrial property, located at 7535 Martin Rd, Saint Charles, MI 48655, presents a unique investment opportunity. Originally designed for boat manufacturing, this distribution and warehouse space boasts a 20-foot ceiling height, ideal for various industrial uses. The property includes one loading dock, facilitating efficient loading and unloading operations. Ample parking is available with 125 paved spaces. The asking price is $3,750,000, translating to a price per square foot of $37.62. Situated in Saginaw County, this strategically located facility offers easy access to major transportation routes, enhancing logistical efficiency. Beyond its sale price, this property is also available for lease at an annual rate of $3.50 per square foot. The property's robust construction and expansive layout make it suitable for a wide range of industrial and distribution businesses seeking a well-maintained and spacious facility in a desirable Michigan location. This is a rare opportunity to acquire a substantial industrial property with significant potential for growth and profitability. The property's history in boat building provides a unique character, while its adaptable design caters to modern industrial needs.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1987
    Total area 99,672 SF
    Lot 10.64 ac (463,478 SF)
    APN 26-11-3-32-4003-001
    UPID US43-1805493
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.00M
    Blend (final) Blend
    $3.00M
    Owner & transaction history
    Investment Stcharles · 22 yrs held
    Investment Stcharles
    since 2004
    1 recorded transaction
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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