Office Building with Solar
For Sale
$975,000
4154 Davison Road, Burton, MI 48509
Single-level layout includes offices, lobby, breakroom, and two restrooms.
Property Size4,385 SF
Lot Size3.80 Acres
Days on Market238
Property Features for 4154 Davison Road
General Information
Standard status
Active
Size
4,385 SF
Lot size
3.80 Acres
Property subtype
Commercial
Zoning
Commercial, Light Industry, Multiple, Of
Additional Details
Road Access
Yes
Land Use
commercial
Taxes and HOA fees
Annual Taxes
$21,303
Building Details
Building Size
4,385 SF
Year Built
1973
Buildings
1
Stories
1
Listing Agency:
MBA Real Estate Services
(810) 678-9298
Listed By:
Robert Condie · License #6501417622
(810) 678-9298
Source:
Carolbollo
Added: Dec 26, 2025
Changed: Aug 15
Last Checked: Aug 20 at 1:11PM
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.
Built in 1973, this office property occupies 3.8 acres and provides over 4,300 square feet of single-level space. The interior includes two primary offices, additional office rooms, a lobby with a split front desk, employee breakroom, and two bathrooms. One office has extensive glass walls, creating an open visual connection to the surrounding space. Mechanical systems include multi-section heating and cooling, while an underground sump pump and an owned solar installation with 148 panels support the building’s operations.
The site offers a large parking area, a drive-through configuration that can be adapted, and two separate directional entrances. It fronts Davison Road, where traffic is reported at over 13,000 cars per day, and is next to Center Road, reported at over 17,000 cars per day. The property is near the new 1.5 million-square-foot GM factory, ADESA, and NorthGate. Zoning is identified as Commercial, Light Industry, Multiple, Of.
The site offers a large parking area, a drive-through configuration that can be adapted, and two separate directional entrances. It fronts Davison Road, where traffic is reported at over 13,000 cars per day, and is next to Center Road, reported at over 17,000 cars per day. The property is near the new 1.5 million-square-foot GM factory, ADESA, and NorthGate. Zoning is identified as Commercial, Light Industry, Multiple, Of.
Key Highlights
- 3.8‑acre office property with over 4,300 square feet of space
- Owned solar setup with 148 solar panels
- Two primary offices plus additional office rooms, lobby, breakroom, and 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
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 layout includes offices, lobby, breakroom, and two restrooms.
Where is this office building located?
The property is located at 4154 Davison Road 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 office property with over 4,300 square feet of space; Owned solar setup with 148 solar panels; Two primary offices plus additional office rooms, lobby, breakroom, and two bathrooms
