1665 Busha HwyMarysville, MI 48040

  • Warehouses
  • 9,132 SF
For Sale
$795,500 View listing

Property Details for 1665 Busha Hwy

Year built
1973
Lot size
10.90 AC
Property size (Sq ft)
9,132 SF
Zone code
M-1
Property type
Warehouses
APN
74-03-051-0014-000
APU
74030510014000

Description

This exceptional industrial property, located at 1665 Busha Highway in Marysville, Michigan, presents a remarkable investment opportunity. The warehouse boasts a substantial 9,132 square feet of space situated on a generous 10.9-acre lot. The property features 20 loading docks, offering significant operational efficiency, potentially configured as 10 cross-docks. The building has undergone recent renovations in 2024, including a fresh coat of paint throughout the warehouse and the installation of upgraded LED lighting, enhancing both aesthetics and energy efficiency. The property is currently vacant, providing immediate occupancy for a new tenant. The zoning is designated M-1, allowing for a variety of industrial uses. The property's address is 1665 Busha Hwy, Marysville, MI 48040, with the APN 74-03-051-0014-000. This single-story building offers a functional and versatile space, ideal for various industrial operations. The asking price is $795,500, translating to $87.11 per square foot. This represents a compelling value proposition for a well-maintained, strategically located warehouse with significant capacity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,173,994
    Hospitality
    $1,991,367
    Educational
    $1,656,794
    Medical
    $1,713,774
    Retail
    $2,577,235

Location Insight

City
Marysville
County
St. Clair
State
Michigan
Latitude
42.9043
Longitude
-82.4778
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
2023
$17,578
-
-
$281,500
-
-
-
$563,000

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