15620 W Michigan Avenue

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15620 W Michigan Avenue

Albion, MI 49224
Asking Price
$1.50M
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse property spanning 10,400 square feet.
  • Available for purchase at an asking price of $1,500,000.
  • Site located at 15620 W Michigan Avenue in Albion.
  • Suitable for distribution, logistics, or light manufacturing operations.
  • Positioned within an established Southern Michigan industrial market.

What's Special

This industrial warehouse facility measures 10,400 square feet and is situated at 15620 W Michigan Avenue in Albion, Michigan. The property provides a functional space suitable for various manufacturing, distribution, or logistical operations within this established industrial corridor. Albion maintains a strategic position in the region, offering accessibility to transportation networks that serve the broader Southern Michigan market. Investors and business owners may find this asset appropriate for light manufacturing, specialized storage, or as a regional distribution hub. The building layout supports efficient workflow processes necessary for modern industrial utility. With its specific square footage and location, the site represents a practical acquisition for parties seeking to expand their operational footprint in this sector.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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