4100 Baldwin RdHolly, MI 48442

Property Details for 4100 Baldwin Rd

Year built

1977

Lot size

11.26 AC

Property size (Sq ft)

23,146 SF

Zone code

I-1

Property type

Industrial properties

APN

12-34-100-005

APU

1234100005

Description

This exceptional investment opportunity presents a 23,249-square-foot warehouse located at 4100 E. Baldwin Rd, Holly, MI 48442. The property sits on a generous 12.15-acre lot and boasts ceiling heights ranging from 14 to 18 feet, providing ample space for various industrial uses. Currently leased to Consumers Energy, the property features a new five-year lease with a three-year option to extend, ensuring a stable income stream. The building, constructed in 1977, is zoned I-1 and benefits from a planned new roof installation in Spring 2022, minimizing future maintenance costs. The property's strong financial performance is highlighted by a pro-forma cap rate of 6.00%. With its strategic location in Genesee County, Michigan, and its secure long-term lease, this warehouse represents a compelling investment opportunity for discerning buyers seeking a stable, high-yield asset. The asking price is $3,400,000. The APN is 12-34-100-005. This is a turnkey investment ready for immediate income generation.

• Alternative Use

  Use

  Valuation

  Residential

  $4,535,328

  Hospitality

  $4,154,336

  Educational

  $3,456,359

  Medical

  $3,575,228

  Retail

  $5,376,558

Location Insight

City

Holly

County

Genesee

State

Michigan

Latitude

42.8848

Longitude

-83.6263

CBSA code

22420

CBSA name

FLINT, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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