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    35000 Division Rd Richmond, MI 48062

    Sponsored
    For Sale
    $350,000

    Prime Richmond industrial space, high traffic area.

    Property size:
    2,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,500 square foot industrial building, situated on a 0.34-acre lot in Richmond, MI, presents a unique investment opportunity. Located in a high-traffic area, the property boasts ample parking. The building's versatile layout currently includes multiple offices, a dedicated conference room, and a media room, offering flexibility for a variety of uses. The existing configuration could easily be maintained for a multi-tenant setup, or the interior could be opened up to create a larger, more open floor plan to suit a single occupant's needs. The building's size and layout provide significant potential for a range of businesses seeking a functional and well-located space. The substantial parking area ensures convenient access for employees and clients alike. This property is ideally suited for businesses requiring a combination of office and warehouse space, or those seeking a prominent location with high visibility. The asking price of $350,000 represents a compelling value in the current market. This is a rare opportunity to acquire a well-maintained industrial building in a desirable location. Don't miss out on this chance to secure a prime piece of commercial real estate in the thriving Richmond area.

    Property Features for 35000 Division Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    2,500 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Macomb
    State
    Michigan
    Longitude
    -82.76383
    Latitude
    42.80859

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    FAQs

    What type of property is this?
    Industrial property - Prime Richmond industrial space, high traffic area.
    Where is this industrial property located?
    The property is located at 35000 Division Rd Richmond, MI.
    What is the asking price?
    The asking price for this property is $350,000.
    (855) 474-2657
    Request Owner's contact information
    35000 Division Rd Richmond, MI 48062
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    Richmond, MI 48062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    35000 Division Rd Richmond, MI 48062
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