42900 Walnut StClinton Township, MI 48036

  • Flex space
  • 13,200 SF
For Sale
$1,020,000 View listing

Property Details for 42900 Walnut St

Year built
1988
Lot size
1.05 AC
Property size (Sq ft)
13,200 SF
Zone code
L-2
Property type
Flex space
APN
05-11-12-252-014
APU
51112252014

Description

This exceptional 12,000-square-foot industrial property, located at 42900 Walnut Street in Clinton Township, Michigan, 48036, presents a compelling investment opportunity. Built in 1988, this single-story, two-level building sits on a 1.053-acre lot and is zoned L-2. The property boasts a remarkable 21-foot clear ceiling height, ideal for various industrial uses. Two 5-ton cranes with a 17-foot underhook are already in place, enhancing operational efficiency. The building features a convenient 12' x 14' grade-level door and an exterior truckwell, facilitating easy loading and unloading. The property includes brand new mechanical systems, ensuring optimal functionality. An existing office space offers flexibility and can be customized to meet specific needs. Its strategic location provides easy access to I-94, making transportation and logistics seamless. The asking price is $1,020,000, translating to $85 per square foot. This property is perfect for distribution, manufacturing, or warehousing operations. Don't miss this chance to acquire a well-maintained, strategically located industrial asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,142,436
    Hospitality
    $2,878,454
    Educational
    $2,394,840
    Medical
    $2,477,202
    Retail
    $3,725,306

Location Insight

City
Clinton Township
County
Macomb
State
Michigan
Latitude
42.6085
Longitude
-82.8604
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$14,707
-
-
$359,900
-
-
-
$719,800

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