How many Industrial Property listings are available for sale in Petoskey?
Currently, there are 0 Industrial Property listings for sale near Petoskey, MI. New industrial properties are frequently listed on LoopNet, keeping the listing options current and dynamic.
How much is an Industrial Property for sale in Petoskey?
The average price per square foot for Petoskey industrial properties for sale is about $238. Factors such as availability of loading docks or parking garages, utility connectivity, zoning regulations, size and condition of the property, etc. help determine the price for Industrial Property in Petoskey, MI.
What is the average size of Industrial Property available for sale in Petoskey?
The average size of Industrial Property available for sale in Petoskey, MI is approximately 11,620 SF. The largest available for sale is 22,405 SF and the smallest is 4,994 SF.
To determine the size to purchase, consider factors such as specialized features, areas for heavy machinery, type of operations, space needed for goods to be stored or manufactured, etc.
What is the average cap rate for Industrial Properties in Petoskey?
The average cap rate for industrial properties in the Petoskey, MI area is typically 6.98%, with factors including location, property type and market conditions influencing the number.
Find out more about cap rates and other factors that help determine the rate.
What are some key differences between Industrial and Warehouse space in Petoskey?
Industrial spaces in Petoskey, MI are generally tailored for manufacturing and production, equipped with heavy machinery and specialized infrastructure such as reinforced floors and extensive power systems.
In contrast, warehouse spaces prioritize storage and distribution, featuring tall ceilings, expansive floor areas, and logistical amenities like loading docks and inventory management systems.
While industrial spaces are often located near transportation hubs in Petoskey for raw material access, warehouses may be strategically placed for efficient distribution to consumer markets.