12240 S Dixie Highway La Salle, MI 48145
COMMERCIAL - La Salle, MI
- Added:
- Feb 18, 2026
- Days on Market:
- 143
- Last Refresh:
- Jul 11 at 9:06 am
Property Features for 12240 S Dixie Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- Size
- 2,800 SF
- Lot size
- 1.47 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3043
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
Listing agent Theresa Barton License #6501328287 (734) 735-5228
Listing office Key Realty One LLC - S. Dixie 15366 S Dixie Hwy, Lambertville, MI (734) 790-4650
Listing date Feb 18, 2026
Copyright © 2026 Southeastern Border Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- High traffic location with excellent visibility (6,312 vehicles daily per MDOT).
- Multiple revenue streams including lotto, tobacco, beer/wine, groceries, pizza/subs.
- Turnkey operation: sale includes essential equipment like pizza ovens, freezers and beverage coolers.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.3k | $14.04 |
| − Vacancy | −$2.9k | −$1.05 |
| EGI | $36.4k | $12.99 |
| − OpEx | −$9.1k | −$3.25 |
| NOI | $27.3k | $9.74 |