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    Palmyra, MI
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    Palmyra, MI Warehouses for Sale

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    Adrian, MI Blissfield, MI Britton, MI Jasper, MI Tecumseh, MI Weston, MI Metamora, OH Sand Creek, MI
    Live-Work Industrial Building
    Updated: May 20
    Live-Work Industrial Building

    5550 E Carleton Road, Palmyra, MI 49268

    $245,000
    2,400 sqft 5.00 AC lot
    Nearly 5‑acre property featuring a massive 45x72 commercial‑grade building with over 2,400 sq ft of space
    Building includes 2‑phase power, a half bath, and a 5‑ton AC system with dual units
    Attached private apartment with separate HVAC for owner‑operator use or rental potential
    Fenced pond on site stocked with bluegill and catfish
    RV‑ready with a 30‑amp hookup and concrete pad
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    This listing looks promising.

    Here's a quick look at some key insights for

    5550 E Carleton Road, Palmyra Twp, MI 49268

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $316K
      Above asking

    • Property Type

      Single Family Residence
      Built 1975
    View Property Analytics
    Commercial Live-Work Building with Pond
    Updated: Jun 9
    Commercial Live-Work Building with Pond

    5550 E Carleton Road, Palmyra, MI 49268

    $239,900
    3,240 sqft
    1975‑built property with a massive 45x72 commercial building offering 2,400+ sq ft of commercial space
    Commercial building includes 2‑phase power, a half bath, and a 5‑ton AC system with dual units
    Attached private apartment with separate HVAC for owner‑operator use or potential rental
    Nearly 5 acres with a fenced, stocked pond featuring bluegill and catfish
    RV 30‑amp hookup on a concrete pad, plus artesian well and municipal sewer
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Palmyra, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flex-Style Warehouse Facility
    Flex-Style Warehouse Facility

    8080 Matthews Hwy, Tecumseh, MI 49286

    Contact for pricing
    25,000 sqft 21.00 AC lot

    Former dealership and service center with mezzanine office/support space, lift-access basement, and multiple garage bays.

    View details
    Industrial Warehouse with Partial Lease
    Industrial Warehouse with Partial Lease

    3818 E US 223 Highway, Adrian, MI 49221

    $1,200,000
    29,496 sqft 2.90 AC lot

    Large warehouse on nearly three acres with a portion currently leased, creating flexibility for the remaining space.

    View details
    Updated, Highly Visible Warehouse
    Updated, Highly Visible Warehouse

    1105 E Beecher Street, Adrian, MI 49221

    $192,500

    Warehouse offered for sale on 1+ acres in a highly visible setting with many updates.

    View details
    Tecumseh Commercial Property for Sale
    Tecumseh Commercial Property for Sale

    416 E Cummins St, Tecumseh, MI 49286

    Contact for pricing
    45,464 sqft

    Commercial property in Tecumseh, Michigan, suitable for various uses.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land with Rail Access
    Industrial Land with Rail Access

    1851 W Beecher Road, Adrian, MI 49221

    $1,500,000
    30.00 AC lot

    I-2 zoned undeveloped land in Adrian offers direct rail access and major road frontage for industrial development.

    View details
    Industrial Land Near I-94
    Industrial Land Near I-94

    8521 Page Avenue, Jackson, MI 49201

    $2,500,000
    152.41 AC lot

    152.41 acres of industrial land for sale in Jackson, MI.

    View details
    Vacant PUD-Zoned Lots For Sale
    Vacant PUD-Zoned Lots For Sale

    012 Frenchtown Center Drive, Monroe, MI 48162

    $300,000

    Two PUD-zoned lots suitable for various commercial uses.

    View details
    Vacant Commercial Lots For Sale
    Vacant Commercial Lots For Sale

    Monroe, MI 48162

    $250,000

    Two PUD-zoned lots with utilities available for sale.

    View details

    Palmyra, MI Warehouses Market Trends and Statistics

    Explore 2 warehouses for sale in Palmyra, MI on our real estate platform. These investment opportunities span a total of 5,640 square feet of properties for sale, with an estimated market value of $484,900.

    Sale prices for warehouse buildings in Palmyra, MI start at $239,900, averaging $242,450, and reaching up to $245,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,026
    Population Growth (5Y) -15.4%
    Median Household Income $87,250
    College Educated 24.9%

    High-Yield Neighborhoods for Investment

    Identify Palmyra submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49268 $245K

    Taxes & Financing

    Tax Rate (average for all types) 3.42%
    Property Tax per SF $78.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenawee County

    New Delisted

    Total CRE Inventory on Market (SF)

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