Listing Agency: Fortis Net Lease d***@fortisnetlease.com Show Phone

Listed By: Doug Passon · License #6502361821

Source: Fortisnetlease

Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 20 at 5:44AM

Report an Issue

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

Located in Bancroft, Michigan, this 9,100 square foot free-standing building offers versatile potential for retail and investment opportunities. The property is zoned NA, allowing for a range of uses. The location is highly visible and includes ample parking space. Bancroft is a village in Shiawassee County with a population of 484 residents as of 2020. The village was founded in 1877 and incorporated in 1883. The village's economy includes residents working in office, administrative, manufacturing, computer, and math professions. The population is predominantly White, with small percentages of multiracial, Hispanic, Asian, and other residents. Households typically consist of approximately three members, with around 35% having children and 70% being owner-occupied. The median household income ranges from approximately $60,000 to over $80,000. The property is located within a 5-mile radius of a population of over 9,000, with an average household income of $70,791.

Key Highlights

• High visibility location in the Bancroft area.
• 9,100 SF free‑standing building.
• Zoned NA, offering versatile use and strong investment potential.

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Hair Salon Nail Salon Cafe & Coffee Shop Veterinary Clinic

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

62

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 48414, MI

2,361

Population

1,162

Households

2

Avg Household Size

45

Median Age

21%

College-Educated

93%

High-School Grad

31.6 sq mi

ZIP Area

75

Density / Sq Mi

$66,071

Median Household Income

$41,921

Median Earnings

$892

Median Rent

$182,800

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 storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Storefront property - 9,100 SF free-standing building with versatile zoning and strong potential.

Where is this storefront property located?

The property is located at 4531 E Lansing Rd Bancroft, MI.

What is the lease rate?

The lease rate is $1,282,416.

What are key features of this property?

This property features: High visibility location in the Bancroft area.; 9,100 SF free‑standing building.; Zoned NA, offering versatile use and strong investment potential.