Office Building with Solar
For Sale
$975,000
4154 DAVISON RD, Burton, MI 48509
Single-level office building with multiple offices, a lobby, and solar-powered systems for utilities and HVAC operations.
Property Size4,385 SF
Lot Size3.80 Acres
Price / SF$222.35
Days on Market245
Property Features for 4154 DAVISON RD
General Information
Standard status
Active
Size
4,385 SF
Lot size
3.80 Acres
Property subtype
Industrial
Site & Location
Road Access
Yes
Utilities to Site
Yes
Amenities
lobby
employee breakroom
bathrooms
extra office rooms
drive through
3
365484345477
Building Details
Year Built
19
Stories
1
Listing Agency:
MBA Real Estate Services
(810) 678-9298
Listed By:
Robert Condie · License #6501417622
(810) 678-9298
Source:
Xome
Added: Dec 19, 2025
Changed: Aug 12
Last Checked: Aug 21 at 4:06AM
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 MBA Real Estate Services
Investment Insights
Based on property information with market context.
This office building offers an expansive single-level layout totaling over 4,300 square feet of available space on a 3.8-acre site. The interior includes a large lobby with a split-section front desk, an employee breakroom, multiple additional office rooms, and two main offices, including one with large glass walls. There are two bathrooms. The building’s mechanicals are described as very well maintained, including multi-section heating and cooling and an under-ground sump pump.
Operationally, the property is supported by a multiple-car drive-through area that can be modified to fit business needs, along with a large parking lot. Access is available from either of two split directional driveways, providing direct entry to the parking area.
A key feature is an owned solar setup described as back-to-the-grid, powered by 148 solar panels. The property is located on Davison Road in Michigan with over 13,000 cars per day and next to Center Road with over 17,000 cars per day. The year built is listed as 19.
Operationally, the property is supported by a multiple-car drive-through area that can be modified to fit business needs, along with a large parking lot. Access is available from either of two split directional driveways, providing direct entry to the parking area.
A key feature is an owned solar setup described as back-to-the-grid, powered by 148 solar panels. The property is located on Davison Road in Michigan with over 13,000 cars per day and next to Center Road with over 17,000 cars per day. The year built is listed as 19.
Key Highlights
- 3.8‑acre site with over 4,300 sq ft available on one level
- Large lobby with split‑section front desk, breakroom, and extra office rooms
- Two main offices, including one with large glass walls, plus two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,307
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$966,140
$966.1K
Cap Rate 7%
$690,100
$690.1K
Cap Rate 9%
$536,744
$536.7K
Market Conditions
NOI Build-Up for 4,385 SF
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.
Gross rent
$74.7K $17.04/SF
− Vacancy
−$10.3K −$2.35/SF
EGI
$64.4K $14.69/SF
− OpEx
−$16.1K −$3.67/SF
NOI
$48.3K $11.02/SF
Area
Genesee County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$966,140
Cap Rate 7%
$690,100
Cap Rate 9%
$536,744
Alternative Uses
Best Use
Office B
$690.1K
$603.8K – $805.1K
NOI $48,307 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$922.7K
$807.4K – $1.08M
NOI $64,590 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Explore this area
Business Placement
Demographics for 48509, MI
9,568
Population
4,166
Households
2.3
Avg Household Size
44
Median Age
16%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
1,087
Density / Sq Mi
$64,385
Median Household Income
$35,417
Median Earnings
$1,061
Median Rent
$127,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-level office building with multiple offices, a lobby, and solar-powered systems for utilities and HVAC operations.
Where is this office building located?
The property is located at 4154 DAVISON RD Burton, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3.8‑acre site with over 4,300 sq ft available on one level; Large lobby with split‑section front desk, breakroom, and extra office rooms; Two main offices, including one with large glass walls, plus two bathrooms
