PRICE REDUCED!! 3450 Miller Road 15718SL

Industrial for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 12163000
Property Subtypes: Free-Standing, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 36,400 SF
Gross Land Area: 4.69 Acres
Sale Price: $1,750,000
Unit Price: $48.08 PSF
Ceiling: 18 ft.
Docks/Doors: 2 Doors
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: Previously Great Lakes Power Sports and Best Buy
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2017

Overview / Comments

PRICE REDUCED FROM $1,900,000 TO $1,750,000.

+/- 36,400 sq ft Warehouse bldg is located in close proximity to the Genesee Valley Mall and is only minutes from I-75 at a red light location on Miller Rd just west of Lennon Rd. Building is Sprinkled with 18' ceilings (to bottom of truss), overhead door, 10x10 grade level door, 3 Phase, 480-277 Volts, 800 Amp Service.

2016 Taxable Value: $878,707; 2016 Property Taxes: $48,339;
2016 Assessed Value: $1,072,800 (see attached Equalization information).

The site offers excellent visibility and frontage with egress and ingress from both Miller & Lennon Rds. Located in a highly concentrated retail area, some of the neighbors are Wal-Mart, Sam’s, Target, Office Depot, Best Buy, PetsMart, ABC Warehouse.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $48,339 (Annual)
Assessed Value - Total($) $1,072,800 (Annual)

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: Flint Township
Tax ID/APN: 07-27-100-006
Zoning: C-2 COMMERCIAL/RETAIL
Market Type: Large
Property Located Between: Lennon & Linden
Side of Street: North
Road Type: Highway
Transportation: Bus, Highway, Airport, Taxi
Highway Access: I-75/US-23, Miller Road
Airports: Bishop International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Renovated: 2007
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Decorative Block construction
Parking Type: Surface
Parking Description: Ashphalt Parking
Total Parking Spaces: 150
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 800
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Engineered System
Zoning Description: C-2 Commercial
Lot Frontage: 325
Lot Depth: 625
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,824 57,095 160,704
Median Age: 39.76 37.93 36.76
Households: 2,536 23,616 65,188

Contact

© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.