Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4086 Davison Rd Burton, MI 48509

    View on Map
    Sponsored
    For Sale
    $895,000

    Operating Dispensary for Sale Inspire Canna

    Property size:
    7,400 SF

    Property Features for 4086 Davison Rd

    General Information

    Property type
    Drug stores
    Investment Type
    owner-user
    Square Feet
    7,400 SF
    Class
    A
    Total Parking Spaces
    75
    Elevators
    No
    Net Rentable
    7,400 SF
    Lot Size
    55,757 SF
    Occupancy
    50%
    Net Operating Income
    $198,000

    Building Details

    Year Built/Renovated
    1980/2022
    Buildings
    1
    Stories
    1
    Units
    2

    Overview

    Operating Dispensary with Real Estate

    This is an opportunity to acquire a fully operational dispensary business and real estate. The property is located on Davison Road in Burton, surrounded by businesses such as Family Dollar, Tim Hortons, and Rite Aid. The sale includes all fixtures, equipment, and licenses. The property features a modern, secure retail space with ample parking. The building size is 7,400 square feet, with only about half currently in use, presenting an opportunity to lease out the additional unit for income. The property includes an additional lot developed for overflow parking. The location benefits from high traffic and a strong local customer base. The business is fully compliant with Michigan’s cannabis regulations. The property is situated on a 1.28-acre lot. The intended use is for a dispensary. The property is being offered for sale including the real estate with additional lots for overflow parking.

    We can help!

    Listing Contact
    David Elwood
    David Elwood

    Learn more

    Property Insight Report

    HighLights

    • Operating Dispensary offered for sale at 49% of the Gross Sales and includes real estate with additional lots for overflow parking. Additional Unit not in use could be leased out for additional income. Open/Operating Dispensary for sale in Genesee Co. Established Operating business and real estate available. Asking is for Improved operating Location /real estate and for bus. , Licensing, FF&E and 7,400 sf bldg (currently only occupying about half), and additional lot for overflow parking already developed as such. Please do not disturb employees or its customers. Seller will not negotiate with any party whom has disturbed the current operating business. Business Offered for sale exclusively through Elwood.Biz and Epique Realty.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Burton
    State
    Michigan
    Longitude
    -83.6042257
    Latitude
    43.0333343

    Nearby Similar for Sale

    • $280,000
      3,560 SF

      Commercial Building in Prime Corridor

      3,500 SF commercial building with high visibility and flexibility.
      4277 S Saginaw St, Burton, MI 48529
      View Details
    • $199,900
      2,254 SF

      Former Restaurant Building For Sale

      Former restaurant in high-traffic area with drive-through and land contract.
      3095 S Dort Hwy, Burton, MI 48529
      View Details
    • $1,200,000
      7,330 SF

      Established Laundromat in Prime Location

      Well-established laundromat near major highways with strong customer base.
      2247 Center Rd S, Burton, MI 48519
      View Details
    • $84,999
      2,080 SF

      Spacious Warehouse in Burton, Michigan

      Warehouse with new roof, optimized for storage in Burton.
      32005 Berent St, Burton, MI 48529
      View Details
    • $325,000

      Mixed-Use Property on Center Rd

      Versatile mixed-use building with office and workshop space for sale.
      3374 S Center Rd, Burton, MI 48519
      View Details
    • $457,900

      Established Auto Service Business

      Successful auto service business for sale in high-visibility location.
      G-4112 S Dort Hwy, Burton, MI 48507
      View Details
    • $690,000

      Commercial Building with Loading Dock

      6000 sq ft commercial building with office and storage.
      3332 E Bristol Rd, Burton, MI 48529
      View Details
    • $36,000
      760 SF

      Turnkey Salon in High-Traffic Location

      Fully equipped salon with strong reputation, ideal for owner-operator.
      1184 S Belsay Rd, Burton, MI 48509
      View Details
    • $1,200,000

      Established Laundromat in Prime Location

      Well-established laundromat for sale in a high-traffic location.
      2247 S Center Rd, Burton, MI 48519
      View Details
    • $457,900

      Established Auto Service Business For Sale

      Successful auto service business and property for sale in Burton.
      G-4112 S Dort Hwy, Burton, MI 48507
      View Details
    • $199,900

      Former Restaurant Building For Sale

      Former Wendy's restaurant in high-traffic area with drive-through.
      3095 S Dort Hwy, Burton, MI 48529
      View Details
    • $690,000

      Commercial Building with Storage

      6,000 sq ft commercial building with loading dock.
      3332 E Bristol Rd, Burton, MI 48529
      View Details

    FAQs

    What type of property is this?
    Drug store - Operating Dispensary for Sale Inspire Canna
    Where is this drug store located?
    The property is located at 4086 Davison Rd Burton, MI.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Operating Dispensary offered for sale at 49% of the Gross Sales and includes real estate with additional lots for overflow parking. Additional Unit not in use could be leased out for additional income. Open/Operating Dispensary for sale in Genesee Co. Established Operating business and real estate available. Asking is for Improved operating Location /real estate and for bus. , Licensing, FF&E and 7,400 sf bldg (currently only occupying about half), and additional lot for overflow parking already developed as such. Please do not disturb employees or its customers. Seller will not negotiate with any party whom has disturbed the current operating business. Business Offered for sale exclusively through Elwood.Biz and Epique Realty.
    (248) 923-4334
    Request Owner's contact information
    4086 Davison Rd Burton, MI 48509
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4086 Davison Rd
    Burton, MI 48509
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4086 Davison Rd Burton, MI 48509
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Elwood
    David Elwood
    (248) 923-4334
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!