3000 Precision DrBuckley, MI 49620

  • Commercial real estate
  • 15.31 AC
For Sale
$1,300,000 View listing

Property Details for 3000 Precision Dr

Lot size
15.31 AC
Property type
Commercial real estate
APN
2411B-6-3107
APU
2411B63107

Description

This exceptional industrial property in Buckley, MI, presents a compelling investment opportunity. The expansive 29,025-square-foot facility sits on a 5-acre parcel, offering significant space for a variety of industrial uses. The building boasts impressive 16-foot sidewalls and over 18 feet of ceiling clearance at the center, providing ample vertical space for storage, manufacturing, or distribution. An 8,000-square-foot addition was completed in 2017, enhancing the overall functionality of the space. The property includes 834 square feet of office space, perfectly suited for administrative needs. Safety and security are prioritized with a comprehensive fire suppression system and a security camera system already in place. Energy-efficient LED lighting is installed throughout, and the building benefits from underground 3-phase 120/208 power. The site is fully fenced and paved, featuring two gated entrances for convenient access from both Precision Drive and Industrial Drive. While 20,339 square feet is immediately available at closing, note that 8,686 square feet is currently leased until 2031. The property is priced at $1,300,000, and an option to purchase the entire 15.3-acre site for $1,500,000 is also available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $139,420,192
    Hospitality
    $127,708,152
    Educational
    $106,251,680
    Medical
    $109,905,840
    Retail
    $165,280,400

Location Insight

City
Buckley
County
Wexford
State
Michigan
Latitude
44.5022
Longitude
-85.6881
CBSA code
15620
CBSA name
CADILLAC, MI MICROPOLITAN 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
$18,043
-
-
$371,500
-
-
-
$743,000

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