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    3163 N State Hwy Davison, MI 48423

    For Sale
    $1,399,000

    Commercial/Industrial property with existing lease and 8% cap rate.

    Lot size:
    2.75 Acres

    Property Features for 3163 N State Hwy

    General Information

    Lot size
    2.75 Acres

    Building Details

    Year built
    2003

    Source: New Michigan Realty Agent Sam Natchez

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

    Overview

    Commercial/Industrial Property on 2.75 Acres

    This commercial/industrial property offers an investment opportunity in a high-traffic location with 200 feet of road frontage on N. State Rd (M15), situated just north of the City of Davison. The property spans 2.75 acres and includes an 8,000 sq ft building that generates income through an existing lease, offering an 8% cap rate. Constructed in 2003, the building is currently leased to a Heating and Cooling Sales and Service business. The building features 2,600 sq ft of office and showroom space, complemented by 5,400 sq ft of warehouse space. Approximately 4,000 sq ft of the building is equipped with both heat and air conditioning, while the remaining 4,000 sq ft has heat and supplemental air conditioning. This listing pertains to the real estate only.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Map

    City
    Davison
    County
    Genesee
    State
    Michigan
    Longitude
    -83.513
    Latitude
    43.0361

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    FAQs

    What type of property is this?
    Warehouse - Commercial/Industrial property with existing lease and 8% cap rate.
    Where is this warehouse located?
    The property is located at 3163 N State Hwy Davison, MI.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: - 8% cap rate return on investment; - Existing lease generating income; - 2.75 acres zoned commercial/industrial
    (810) 240-8852
    Request Owner's contact information
    3163 N State Hwy Davison, MI 48423
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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
    3163 N State Hwy Davison, MI 48423
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