+/- 103,894 SF - 15775SL

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 28248228
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Research & Development, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 103,894 SF
Gross Land Area: 9.80 Acres
Sale Price: $2,700,000
Unit Price: $25.99 PSF
Ceiling: 22 ft. / 19 ft. Clear
Docks/Doors: 2 Docks, 26 Doors
Office SF: 17,374 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2021

Overview / Comments

There are two buildings on this property. Building #1 contains 15,736 SF of Office (7,868 SF on the ground floor and 7,868 SF on the 2nd floor) and 77,574 SF of Warehouse for a total of 93,310 SF. Ceiling heights are 19' to 22'. There are 2 truck wells and 14 grade-level overhead doors. The warehouse is sprinkled, as is a portion of the office.

Building #2 contains 1,638 SF of Office and 8,946 SF of Warehouse for a total of 10,584 SF. There are 12 grade-level overhead doors.

The site is 9.8 acres fenced & gated.

Easy x-way access to I-69, I-75 and US-23. Ideal building for distribution center, warehousing or manufacturing facility.

Present tenant is providing spray-on bed liners for General Motors' trucks. Their current lease runs through 12/31/2021.

2020 Taxable Value: $704,971; 2020 Property Taxes: $50,506
2020 Assessed Value: $1,480,300


Finance Data Year 2020
Real Estate Taxes - Annual($) $50,506 (Annual)

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: City of Flint
Tax ID/APN: 41-16-351-051
Market Type: Large
Property Located Between: S. Dort Highway and W. Averill
Side of Street: South
Road Type: Paved
Transportation: Bus, Shuttle, Rail, Highway, Airport, Taxi
Highway Access: I-69, I-75/US-23
Airports: Bishop International
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1966
Year Renovated: 1987
Construction/Siding: Block
Parking Description: 153,000 SF of asphalt parking
Overhead Cranes: Undisclosed
Amps: 800
X-Phase: 3
Heat Type: Other
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Interior Description: There are 2 dock doors (with levelers) and 26 grade-level overhead doors. Heat Type Other is roof top, package units.
Zoning Description: "F" Intermediate Manufacturing
Lot Frontage: 788
Lot Depth: 678

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,190 82,690 183,669
Median Age: 37.62 35.89 35.75
Households: 4,885 33,348 73,244


Photograph of Listing Agent

Winfield L. Cooper, III

Cooper Commercial CPIX Member
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