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.


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
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
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