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2505 N Parma Rd 2,083 SF Industrial Building Parma, MI 49269 $2,373,064 CAD ($1,139.25 CAD/SF) 10% Cap Rate

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INVESTMENT HIGHLIGHTS

Right off of 94. Exit ramp property. 17 Acres. About 20 miles East of new Ford project in Marshall, Mi.

EXECUTIVE SUMMARY

Prime exit ramp property on Exit 130 Westbound I-94. North East Corner property, 17 acres. Current user about 3 acres of Truck service. 3 Parcels. Easy on easy off Right hand exit property. About 10 acres of the property had Soybeans growing in 2022.

PROPERTY FACTS

Price	$2,373,064 CAD	Lot Size	17.00 AC
Price Per SF	$1,139.25 CAD	Rentable Building Area	2,083 SF
Sale Type	Investment or Owner User	No. Stories	1
Cap Rate	10%	Year Built/Renovated	1960/2006
Sale Conditions	Business Value Included Redevelopment Project	Tenancy	Single
Property Type	Industrial	Parking Ratio	19.2/1,000 SF
Property Subtype	Service General Retail Auto Repair General Retail Service Station Industrial Truck Terminal	Clear Ceiling Height	18’
Building Class	C	No. Drive In / Grade-Level Doors	3
Zoning	Industrial - Industrial Zoned District

Price	$2,373,064 CAD
Price Per SF	$1,139.25 CAD
Sale Type	Investment or Owner User
Cap Rate	10%
Sale Conditions	Business Value Included Redevelopment Project
Property Type	Industrial
Property Subtype	Service General Retail Auto Repair General Retail Service Station Industrial Truck Terminal
Building Class	C
Lot Size	17.00 AC
Rentable Building Area	2,083 SF
No. Stories	1
Year Built/Renovated	1960/2006
Tenancy	Single
Parking Ratio	19.2/1,000 SF
Clear Ceiling Height	18’
No. Drive In / Grade-Level Doors	3
Zoning	Industrial - Industrial Zoned District

Courtyard

ABOUT 2505 N PARMA RD , PARMA, MI 49269

Westbound exit 130 frontage. Great redevelopment site. Currently working truck repair business. Easy off and on I 94 at exit 130.Total of the 3 parcels 17 acres.