999 Huron Ave Vassar, MI 48768
This newly constructed, vacant warehouse in Vassar, Michigan offers 17,843 square feet of space across two stories, built in 2024. The property sits on a 1.2-acre lot and is zoned I-1 (Light Industrial), providing flexibility for a variety of uses. Currently, interior construction has begun for a Class C cannabis cultivation facility, but the building's design allows for easy adaptation to traditional industrial, warehouse, storage, or retail purposes. Key features include approximately 10-foot ceiling heights on each floor, one 12' x 12' insulated garage door, robust 1600-amp electrical service, a 1.5-inch water line, a 4-inch fire suppression line, and a 6-inch sewer line. Exterior construction is nearly complete, with only the parking lot remaining. The building's location offers excellent synergy, situated within a densely populated residential area and near several established local and national businesses. The asking price for this turnkey opportunity is $1,300,000. This property presents a unique investment opportunity in a thriving market. The building is ready for immediate occupancy after finalizing the parking lot and completing the interior build-out to the buyer's specifications. The property's versatility and strategic location make it an attractive option for a wide range of businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.