Redies Industrial Park

Industrial for Sale
Catylist Listing ID: 30370125
Property Subtypes: Free-Standing, Industrial-Business Park
Building Size (RSF): 127,744 SF
Gross Building Area: See Agent
Gross Land Area: 9.76 Acres
Sale Price: $2,350,000
Unit Price: $18.40 PSF
Ceiling: 13 ft. / 26 ft. Clear
Docks/Doors: 5 Docks, 8 Doors
Office SF: 5,873 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/15/2019

Overview / Comments

Two (2) building complex being sold together, totaling 127,744 sq. ft. The sale price for the 2-building complex is $2,350,000 or $18.40/psf. 905 Woodland includes a 750 KVA/480 volts transformer, buss duct, water lines, airlines, outside storage and shares a 500 KVA/480 volts transformer with 945 Woodland Drive. 905 Woodland includes cranes: (1) 2-T; (1) 3-T; (5) 5-T, the warehouse portion of this building is drive thru and the tool room is heated and air-conditioned. 2018 Real Estate taxes for both buildings were $44,522.20 ($0.35/sf).

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $44,522 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Tax ID/APN: 18-12-31-205-015
Zoning: I-2 HVY. INDUSTRIAL
Property Located Between: E. of Maple Road
Year Built: 1974
Year Renovated: 1994
Construction/Siding: Steel Frame
Exterior Description: Block/Metal
Parking Description: Ample Parking
Overhead Cranes: Undisclosed
Sprinklers: Other
Volts: 480
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: Metal Halide

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,433 26,564 73,770
Median Age: 40.41 40.85 38.54
Households: 1,843 9,951 30,723
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