Individually Owned Property summary
This fee-simple industrial property at 827 Moll Drive, Boyne City, MI 49712, presents a compelling investment opportunity. The 42,168 square foot building, constructed in 2000 and renovated in 2016, sits on a 6.5-acre lot (APN: 051-306-014-10) and boasts a 17' ceiling height. Currently operating under a triple-net (NN) lease with a single tenant, the property offers a stabilized investment with a 100% occupancy rate and a current net operating income (NOI) of $161,900, yielding a 7.71% cap… rate. The asking price is $2,100,000. The lease, commencing December 2, 2022, and expiring December 1, 2025, includes a one-year lease option. The building features five loading docks (one on the north side with two overhead doors, and four on the south side with one overhead door). Significant improvements include a new roof (2019) with a 15-year warranty and a new parking lot and LED motion lights (2016) on the north side. The property's strategic location, adjacent to a 43-acre Magna-LexaMar manufacturing plant, and within a 3-mile radius of 530,000 square feet of industrial space with 0% vacancy, underscores its strong market position and potential for long-term growth. This is a rare opportunity to acquire a high-performing industrial asset in a thriving market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 42,168 SF
- Year built
- 2000
- Stories
- 1
- APN
- 051-306-014-10
- Assessed value · 2023
- $841,500
- Annual tax · 2022
- $27,277
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2022
- $27,277
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Historical Records
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- Alternative use
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