Listing Agency: Kramer Commercial Realty

Listed By: Korissa Kramer, CCIM · License #MI 6502386241 Show Phone

Source: Crexi

Added: Apr 12 Changed: Sep 2 Last Checked: Sep 6 at 6:54PM

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Investment Insights

Based on property information with market context.

This retail property is offered for sale and totals approximately 20,909 square feet. The building is positioned to support a variety of retail uses, subject to applicable approvals.

Located at 5078 Lapeer Road in Kimball, Michigan, the property benefits from a prominent retail address along a main road corridor.

For buyers or tenants evaluating larger retail footprints, this asset provides a substantial single offering size within a retail property configuration.

Key Highlights

• Retail property for sale with approximately 20,909 SF

Property Analytics

Property Profile

Current Use

Wadhams Equipment (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store HVAC Service Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

123

Businesses Nearby

63k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 79% Shops & Services 21%

McDonald's Dining

23,159 visits/mo 0.4 miles

Wendy's Dining

16,069 visits/mo 0.5 miles

A&W Restaurant Dining

6,843 visits/mo 0.4 miles

Marathon Shops & Services

5,745 visits/mo 0.4 miles

BP Shops & Services

4,696 visits/mo 0.4 miles

Demographics for 48074, MI

9,608

Population

3,809

Households

2.5

Avg Household Size

43

Median Age

15%

College-Educated

90%

High-School Grad

37.2 sq mi

ZIP Area

258

Density / Sq Mi

$69,600

Median Household Income

$43,577

Median Earnings

$1,139

Median Rent

$191,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with approximately 20,909 square feet of space.

Where is this retail space located?

The property is located at 5078 Lapeer Road Kimball, MI.

What are key features of this property?

This property features: Retail property for sale with approximately 20,909 SF