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Investment Highlights

  • Positioned directly off Interstate 94 at Exit 139.
  • High-visibility location with interstate frontage exposure.
  • Convenient access to regional transportation routes.
  • Approximately 17 acres across three parcels.
  • Existing commercial use with additional development land.
  • Suitable for a variety of commercial or industrial development concepts.

Executive Summary

2505 N Parma Rd presents a 17-acre commercial development opportunity positioned at the northeast corner of Exit 139 along westbound Interstate 94 in Parma, Michigan. The property benefits from direct interstate visibility and convenient access to one of Southern Michigan's primary transportation corridors, supporting a variety of commercial, industrial, service, and logistics-oriented development concepts.
The site consists of three parcels and includes an existing truck repair operation along with additional land that may support future expansion or redevelopment. Its location along I-94 provides connectivity to the Jackson and Battle Creek markets while also offering access to regional transportation networks serving Detroit, Ann Arbor, Kalamazoo, and Chicago. The property's highway frontage and exposure create a highly visible setting for businesses seeking customer accessibility, fleet operations, distribution functions, or commercial development.
The surrounding corridor continues to attract commercial activity due to its transportation advantages and proximity to major employment centers throughout South Central Michigan. The combination of interstate access, visibility, and land area provides flexibility for owner-users, investors, and developers evaluating long-term growth opportunities. With existing commercial use in place and additional development acreage available, the property offers multiple paths for future utilization and value creation.

Property Facts

Price $1,500,000
Price Per SF $720.12
Sale Type Investment
Cap Rate 11.33%
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

Amenities

  • Courtyard
  • Reception
  • Storage Space
  • Air Conditioning
  • Smoke Detector

About 2505 N PARMA RD , PARMA, MI 49269

The property consists of approximately 17 acres located on the northeast corner of Exit 139 along westbound Interstate 94 in Parma, Michigan. The site includes three parcels, an existing truck repair operation, and adjacent undeveloped land. The property has direct highway access and visibility from I-94 and is currently marketed for commercial redevelopment and investment purposes.

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Truck repair
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Truck repair - - - -
Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 000-07-30-176-001-02
  • 000-07-30-151-001-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$163,500
  • Listing ID: 17806361

  • Date on Market: 11/24/2019

  • Last Updated:

  • Address: 2505 N Parma Rd, Parma, MI 49269

Contact the Sale Advisor

2505 N Parma Rd

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