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    OFF-MARKET
    Commercial real estate

    838 Durand Rd, Corunna, MI 48817-9579

    3.6 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US43-2334955
    Property summary
    AI-generated overview

    This exceptional industrial property in Corunna, Michigan, presents a fantastic leasing opportunity. Situated on a 3.67-acre lot at 838 N Durand Rd, this single-tenant warehouse offers immediate occupancy of 2,400 square feet, with the option to lease the entire 5,600 square foot building. Built in 1950, the property features two buildings, each one story, and includes two dock-high doors and two drive-in doors, ensuring efficient loading and unloading. The warehouse boasts 3-phase power, a small office space, and a restroom. A significant advantage is the inclusion of fenced-in outdoor storage space, ideal for equipment or materials, available under separate agreement. The property is zoned M-2 and its APN is 008-15-100-002. This prime location in Shiawassee County offers easy access to Durand, Corunna, Owosso, and Flint, making it an ideal choice for businesses needing convenient transportation links. The property's heavy industrial capabilities and ample outdoor space make it a versatile option for a variety of industrial uses. Don't miss this chance to secure a well-equipped and strategically located warehouse in a thriving area.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 3.6 ac (156,816 SF)
    APN 008-15-100-002
    UPID US43-2334955
    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
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Bos Auto Parts Delaware LLC · 2 yrs held
    Bos Auto Parts Delaware LLC
    since 2024
    Last sale
    $125,000
    5 recorded transactions
    2024
    2024
    $125,000
    2013
    $26,000
    2010
    $136,500
    2008
    $50,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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