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    Property profile & analytics
    FOR LEASE
    Industrial land

    901 Wayne St, Niles, MI 49120

    2.4 ac lot
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US43-3621608
    Property summary
    AI-generated overview

    This exceptional industrial property, the Simplicity Building, offers 497,091 square feet of versatile warehouse, manufacturing, and distribution space in Niles, Michigan. Located on a 36-acre lot, this multi-tenant complex boasts a 18,000 KVA (15.3 MW) substation providing substantial power. The building features a 14' to 30' ceiling height, 15 loading docks, and 3 drive-in doors. Ample parking is available with 800 spaces. The property includes a sprinkler system, is fully fenced and secure, and offers multiple high-speed internet options. Divisible spaces range from 5,544 to 174,460 contiguous square feet, with 174,460 square feet currently vacant. Built in 1935 and renovated in 1972, this two-story Class C building is zoned I-2. Its strategic location near US-31, US-12, and the I-80/90 Indiana Toll Road, along with proximity to the Elkhart intermodal yard and Chicago, provides excellent transportation access. Air terminal service is conveniently located 20 minutes away. The property is a certified HUB Zone location and has potential for rail service. APN: 11-71-0026-0030-00-6

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 2.4 ac (104,544 SF)
    Zoning code IND
    APN 71-0026-0030-00-6
    UPID US43-3621608
    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
    Current use
    Occupant on record · Public records
    • Anthos Industrial Manufacturer Production Facility
    • IAK Wholesale Big Box & Wholesale Store
    • Craft Hydroponic Agricultural Service
    • KMMTelecommunications Warehouse & Storage
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    901 Wayne Holding LLC · 5 yrs held
    901 Wayne Holding LLC
    since 2021
    2 recorded transactions
    2021
    2007
    Zoning & alternative use
    IND · Niles, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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