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    10122 E Newburg Rd Durand, MI 48429

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    For Sale
    $79,900

    Commercial property suitable for greenhouse, retail, or agricultural ventures.

    Lot size:
    1.00 Acre

    Property Features for 10122 E Newburg Rd

    General Information

    Lot size
    1.00 Acre

    Source: Harper Jackson Real Estate Services Agent Jessica Boillat Wilcox

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

    Overview

    Commercial Property with Greenhouse Potential

    This commercial property presents an opportunity for various business ventures. Zoned for miscellaneous commercial use, the property was previously operated as a greenhouse and florist shop. It features a large pole barn attached to office space and two greenhouses. While the property has been vacant for several years, it offers the potential to restart a previous business with some renovation, provide extra storage, or accommodate other office or agricultural-type businesses. The property is located in Vernon Township, Shiawassee, MI.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Durand
    County
    Shiawassee
    State
    Michigan
    Longitude
    -83.96616
    Latitude
    42.90986

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    FAQs

    What type of property is this?
    Farm - Commercial property suitable for greenhouse, retail, or agricultural ventures.
    Where is this farm located?
    The property is located at 10122 E Newburg Rd Durand, MI.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Zoned miscellaneous commercial, offering versatile usage options.; - Includes a large pole barn attached to office space and two greenhouses.; - Suitable for restarting a greenhouse/florist business.
    (810) 397-1983
    Request Owner's contact information
    10122 E Newburg Rd Durand, MI 48429
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    Durand, MI 48429
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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
    10122 E Newburg Rd Durand, MI 48429
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