3390 N State Road, Davison, MI 48423
Fully leased building with four office, medical, and service units, supported by recent roof replacement and ongoing maintenance.
- Added:
- Nov 24, 2025
- Days on Market:
- 202
- Last Refresh:
- Jun 14 at 2:04 am
Property Features for 3390 N State Road
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 10.00 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 2003
Listing agent The Brokerage Real Estate Enthusiasts
Listing office (248) 297-5551
Listing date Nov 24, 2025
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Brokerage Real Estate Enthusiasts
HighLights
- Fully leased 12,000 SF mixed‑use commercial building in Davison with four occupied units for office, medical, and service tenants
- Located on over 10 acres with State Road frontage and outdoor lights
- New asphalt roof installed in 2025; asphalt roof with consistent professional interior and exterior maintenance annually
- Building includes ample paved parking and sits back from the road
- Community Business‑zoned property with an approved buildout plan available
- Minutes from I‑69 and downtown Davison
Overview
Set on over 10 acres with State Road frontage, the site offers visibility from the roadway. The building sits back from the road and is served by ample paved parking. The offering also includes approved plans for a buildout, along with additional acreage that may support future expansion or development. The location is positioned just minutes from I-69 and downtown Davison.
For an owner-operator or investor, the key value is the current tenant occupancy across multiple commercial unit types, along with the option to pursue the provided buildout planning. The property is identified as Community Business zoned, and the existing layout supports continued use for community-serving commercial activity while preserving room to increase site utilization through the approved plans.
Local Financial Insights For Healthcare Medical
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 | $259.2k | $21.60 |
| − Vacancy | −$32.4k | −$2.70 |
| EGI | $226.8k | $18.90 |
| − OpEx | −$90.7k | −$7.56 |
| NOI | $136.1k | $11.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Davison
- County
- Genesee
- State
- Michigan
- Longitude
- -83.5158621
- Latitude
- 43.0599978
