Automotive Shop with Outdoor
4725 Lapeer Rd, Kimball, MI 48074
For Sale
$269,000
MIX-zoned property with an overhead door, reception office, shop area, and paved and gravel parking areas.
Property Size1,784 SF
Lot Size3.60 Acres
Price / SF$150.78
Days on Market98
Property Features for 4725 Lapeer Rd
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Outdoor Storage
Amenities
overhead door
office/customer reception space
paved and gravel parking/storage areas
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Kramer Commercial Realty
Listed By:
Korissa Kramer · License #MI 6502386241
(810) 531-4090
Source:
Cpix.resimplifi
Added: Aug 4
Changed: Nov 6
Last Checked: Nov 8 at 2:27AM
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 Kramer Commercial Realty
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Investment Insights
Based on property information with market context.
Configured for automotive service, the property includes a 1,784± SF commercial building with an overhead door, office and customer reception area, and a functional shop layout. The 3.601-acre site adds paved parking, gravel areas, and outdoor space for equipment, vehicles, storage, and maneuvering. Built in 1950, the property is zoned MIX and can support automotive, contractor, service, industrial, or owner-user occupancy as described in the listing information.
The property fronts Lapeer Road (M-21) in Kimball Township, with access to the I-94 corridor minutes away. Port Huron and the Blue Water Area are also identified as nearby regional destinations. The combination of an established commercial building and expansive site provides a practical configuration for operations requiring shop space and outdoor area.
The property fronts Lapeer Road (M-21) in Kimball Township, with access to the I-94 corridor minutes away. Port Huron and the Blue Water Area are also identified as nearby regional destinations. The combination of an established commercial building and expansive site provides a practical configuration for operations requiring shop space and outdoor area.
Key Highlights
- 3.601‑acre site with 1,784± SF commercial building
- Automotive service layout with overhead door, shop area, and office/reception space
- Frontage on Lapeer Road (M‑21) in Kimball Township
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,062
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,240
$461.2K
Cap Rate 7%
$329,457
$329.5K
Cap Rate 9%
$256,244
$256.2K
Market Conditions
NOI Build-Up for 1,784 SF
Gross rent
$33.8K $18.96/SF
− Vacancy
−$879 −$0.49/SF
EGI
$32.9K $18.47/SF
− OpEx
−$9.9K −$5.54/SF
NOI
$23.1K $12.93/SF
Area
St. Clair County, MI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,240
Cap Rate 7%
$329,457
Cap Rate 9%
$256,244
Alternative Uses
Best Use
Retail
$329.5K
$288.3K – $384.4K
NOI $23,062 @ 7.0% cap · market cap 8.57%
Second Best
Flex RnD
$308.7K
$270.2K – $360.2K
NOI $21,612 @ 7.0% cap · market cap 8.03%
Theoretical Best
Multifamily LT 5
$1.34M
$1.17M – $1.56M
NOI $93,881 @ 7.0% cap · market cap 34.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 48074, MI
9,608
Population
3,809
Households
2.5
Avg Household Size
43
Median Age
15%
College-Educated
90%
High-School Grad
37.2 sq mi
ZIP Area
258
Density / Sq Mi
$69,600
Median Household Income
$43,577
Median Earnings
$1,139
Median Rent
$191,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Windshield Repair Today of Howard — 5020 Howard Rd, Smiths Creek, MI 48074
- Blue Water Muffler — 2455 Range Rd, Kimball, MI 48074
- Teddys auto repair — 4487 Lapeer Rd, Port Huron Charter Township, MI 48060
Frequently Asked Questions
What type of property is this?
Auto shop - MIX-zoned property with an overhead door, reception office, shop area, and paved and gravel parking areas.
Where is this auto shop located?
The property is located at 4725 Lapeer Rd Kimball, MI.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 3.601‑acre site with 1,784± SF commercial building; Automotive service layout with overhead door, shop area, and office/reception space; Frontage on Lapeer Road (M‑21) in Kimball Township
