375 2Nd StImlay City, MI 48444

  • Industrial properties
  • 6,954 SF
For Sale
$895,000 View listing

Property Details for 375 2Nd St

Lot size
1.09 AC
Property size (Sq ft)
6,954 SF
Property type
Industrial properties
APN
I19-82-700-000-00
APU
I198270000000

Description

This exceptional Imlay City, Michigan industrial property presents a unique opportunity for lease or purchase. Located at 375 E 2nd St, this single-tenant warehouse boasts 6,098 square feet of space within two, one-story buildings situated on a generous 56,925 square foot lot. Built in 1940, the property is zoned R-1 960 and offers significant potential for customization to suit a variety of industrial, warehouse, or distribution needs. The property's adaptable layout and solid infrastructure provide a strong foundation for businesses seeking a versatile and expandable space. The property's location in Lapeer County, Michigan, offers convenient access to key transportation routes and infrastructure. The APN is I19-82-700-000-00. This property is ideal for businesses seeking a well-maintained space with ample room for growth and operational flexibility. The property's single-tenant occupancy provides a streamlined and efficient operational environment. This is a rare opportunity to acquire a well-located and adaptable industrial property in a thriving Michigan community. The zip code is 48444.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,594,754
    Hospitality
    $1,460,786
    Educational
    $1,215,357
    Medical
    $1,257,155
    Retail
    $1,890,555

Location Insight

City
Imlay City
County
Lapeer
State
Michigan
Latitude
43.023
Longitude
-83.0728
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
$4,067
-
-
$89,700
-
-
-
$179,400

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