Industrial Properties - For Sale
8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315
Details & Description
Price: $1,695,000
  • Property Type Industrial for Sale : Flex/Office Warehouse
  • Lot Size Acres 3.200
  • Building Sq Ft 29,428
  • Building Price per Sq Ft $57.60
  • Land Sq Ft 139,392
  • Land Price per Sq Ft $12.16
This is an investment sale with a 5 year lease in place. - cap rate 6.2%/ Tenant is leasing back at $3.57SFTwo buildings - #1 - this building was built in 1991/1995 as a tool and die manufacturing facility. 23,668 SF pre-engineered steel construction with 5,800 SF of office, some of the office is upstairs which has passenger elevator access, 6 overhead doors, heavy power, high ceilings, crane ways, etc.Building #2 is a clear span, cold storage facility. 5,760 SF wood frame constructed storage facility. 2 overhead doors, 16' ceilings, fluorescent lighting, 3 phase electric and is not heated.
Additional Photos
Listing Agents
Chadwick Versluis
NAI Wisinski of West Michigan
O: 616-242-1125
M: 616-292-6710
chadv@naiwwm.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

8505 Piedmont Industrial Park Drive Southwest

Byron Center, MI 49315

Listing ID: 232054
$1,695,000
For Sale
  • Property Type Industrial for Sale : Flex/Office Warehouse
  • Lot Size Acres 3.200
  • Building Sq Ft 29,428
  • Building Price per Sq Ft $57.60
  • Land Sq Ft 139,392
  • Land Price per Sq Ft $12.16
  • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 1
  • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 2
  • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 3
  • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 4
  • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 5
8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 1
8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 2
8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 3
8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 4
8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 5
Description

This is an investment sale with a 5 year lease in place. - cap rate 6.2%/ Tenant is leasing back at $3.57SF

Two buildings - #1 - this building was built in 1991/1995 as a tool and die manufacturing facility. 23,668 SF pre-engineered steel construction with 5,800 SF of office, some of the office is upstairs which has passenger elevator access, 6 overhead doors, heavy power, high ceilings, crane ways, etc.

Building #2 is a clear span, cold storage facility. 5,760 SF wood frame constructed storage facility. 2 overhead doors, 16' ceilings, fluorescent lighting, 3 phase electric and is not heated.

Listing Demographics for 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population2,25724,86075,437
Population Median Age393837
Population by Age0-9 Yrs305 (13%)3467 (13%)10598 (14%)
10-19 Yrs390 (17%)3871 (15%)10852 (14%)
20-29 Yrs131 (5%)2538 (10%)10178 (13%)
30-39 Yrs267 (11%)3169 (12%)10509 (13%)
40-49 Yrs368 (16%)3242 (13%)9396 (12%)
50-59 Yrs294 (13%)3086 (12%)9518 (12%)
60-69 Yrs237 (10%)2848 (11%)7742 (10%)
70+ Yrs265 (11%)2639 (10%)6644 (8%)
Median HH Income$85,018$72,658$65,987
Total Household Income< 24K101 (12%)978 (10%)3129 (11%)
25-49K104 (13%)1936 (21%)6218 (23%)
50-74K138 (17%)1680 (18%)6342 (23%)
75-99K130 (16%)1457 (16%)3851 (14%)
100-199K243 (30%)2381 (26%)6265 (23%)
200K+73 (9%)470 (5%)1163 (4%)
Highest Education LevelNo Diploma5711754546
Diploma or GED396472714589
Some College304363610999
Assoc. Degree15117094922
Bachelors Degree431378010665
Higher Degree17614894400
Total Housing Units8769,36127,991
--Owner-Occupied7247,36420,140
--Renter-Occupied641,5386,828
Owner-Occupied Values< 100K279663812
100-199K19826327568
200-299K25120555504
300-399K1518931865
400-499K63475786
500K+34342603
Total Working Age Population1,66518,88957,735
In Work Force1,11113,01540,835
Not In Work Force5545,87416,900
Workforce Employed1,09112,68339,476
Workforce Unemployed203321,350
Civlian Workforce1,11113,01540,826
Military Workforce009
Total Households7888,90126,968
Family Households6436,71819,832
Non-Family Households1452,1847,136
Married Couple5545,37115,241
Other Family891,3474,591
Married w/Child2532,2906,386
Single Male w/Child19257757
Single Female w/Child245091,948

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Allegan County105,665+5111,408+8119,788+10132,040
Kent County574,335+5602,622+11668,535+12746,921
Ottawa County238,314+11263,801+12295,791+12331,723

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Closest Commercial Airports
Airport Distance (mi)
South Bend Regional Airport (SBN) 83
MBS International Airport (MBS) 95
General Mitchell International Airport (MKE) 112
Listing Agent
Chadwick Versluis - CRE Agent at NAI Wisinski of West Michigan

Chadwick Versluis

NAI Wisinski of West Michigan
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