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    315 N State Rd Otisville, MI 48463

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    For Sale
    $749,000

    Recently constructed retail building with ample parking and monument signage.

    Property size:
    8,320 SF
    Lot size:
    0.88 Acres

    Property Features for 315 N State Rd

    General Information

    Size
    8,320 SF
    Lot size
    0.88 Acres

    Source: Landmark Commercial Real Estate Services Agent Louis Ciotti

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building with Parking

    This freestanding building, constructed in 2017, offers 8,320 square feet of space. It features a modern design and includes 24 dedicated parking spaces. The property is suitable for retail, medical, or service-based businesses. It benefits from excellent visibility and access, facilitating customer traffic. Monument signage is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Auto Repair Shop Gym & Fitness Pharmacy Food Market HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Otisville
    County
    Genesee
    State
    Michigan
    Longitude
    -83.525134
    Latitude
    43.168554

    Nearby Similar for Sale

    • $200,000
      4,730 SF

      Otisville Mixed-Use Commercial Property

      4,700 sqft commercial property in downtown Otisville, Michigan.
      141 W Main St, Otisville, MI 48463
      View Details

    FAQs

    What type of property is this?
    Retail space - Recently constructed retail building with ample parking and monument signage.
    Where is this retail space located?
    The property is located at 315 N State Rd Otisville, MI.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Excellent visibility and access for customer traffic; - Ample parking with **24 dedicated spaces**; - Recently constructed in 2017 with a modern design
    (248) 488-2620
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    315 N State Rd Otisville, MI 48463
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    Otisville, MI 48463
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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
    315 N State Rd Otisville, MI 48463
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