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Renovated Storefront Property
For Sale
$299,000

8127 Miller Road, Swartz Creek, MI 48473

Flexible interior includes a kitchenette, a bathroom, and rear space fitted with commercial exhaust and venting.

Property Size1,020 SF
Price / SF$293.14
Days on Market9

Property Features for 8127 Miller Road

General Information

Standard status Active
Size 1,020 SF
Property subtype Commercial
Zoning Commercial

Amenities

luxury bathroom
modern kitchenette
existing exhaust and venting for a commercial kitchen

Building Details

Building Size 1,020 SF
Listing Agency: Case Realty Group
Listed By: Karmen Case · License #6501398514
Source: Case-realty
Added: Oct 20 Changed: Oct 28 Last Checked: Oct 26 at 3:49AM

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 Case Realty Group

Rey
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Investment Insights

Based on property information with market context.

At 8127 Miller Road in Swartz Creek, this 1,020-square-foot storefront property has a front entrance and two rear entrances. The layout includes a kitchenette, a bathroom, and a back room currently used for storage. Existing exhaust and venting in that room support its potential conversion for commercial kitchen use. Commercial zoning is in place, and the layout may be divided into multiple offices.

Improvements include 9-foot ceilings, James Hardie siding, and an Amish-built roof installed 2.5 years ago. The exterior also has a commercial drip cap. Inside, the kitchenette features shaker cabinets with soft-close hardware and quartz countertops; the bathroom has a floating vanity and slate-style vinyl tile. Ductwork has been professionally cleaned and sanitized. The property is across from a funeral home, and a baseball diamond is planned nearby.

Key Highlights

  • 1,020 square feet with one front entrance and two rear entrances
  • 9‑foot ceilings
  • Amish‑built roof installed 2.5 years ago, James Hardie siding, and commercial drip cap

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,589
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,780 $211.8K
Cap Rate 7%
$151,271 $151.3K
Cap Rate 9%
$117,656 $117.7K
Market Conditions
NOI Build-Up for 1,020 SF
Gross rent
$15.8K $15.48/SF
− Vacancy
−$663 −$0.65/SF
EGI
$15.1K $14.83/SF
− OpEx
−$4.5K −$4.45/SF
NOI
$10.6K $10.38/SF
Area
Genesee County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,780
Cap Rate 7%
$151,271
Cap Rate 9%
$117,656

Alternative Uses

Best Use
Retail
$151.3K
$132.4K – $176.5K (±1% cap)
NOI $10,589 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$214.6K
$187.8K – $250.4K (±1% cap)
NOI $15,024 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 70% Dining 30%
Marathon Shops & Services
3,711 visits/mo 0.4 miles
Hungry Howie's Pizza Dining
2,861 visits/mo 0.4 miles
Chase Bank Shops & Services
2,860 visits/mo 0.3 miles

Demographics for 48473, MI

22,035
Population
9,853
Households
2.2
Avg Household Size
45
Median Age
25%
College-Educated
95%
High-School Grad
56.2 sq mi
ZIP Area
392
Density / Sq Mi
$76,765
Median Household Income
$40,908
Median Earnings
$1,092
Median Rent
$191,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Budz and Bloomz Florist — 7530 Miller Rd, Swartz Creek, MI 48473

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible interior includes a kitchenette, a bathroom, and rear space fitted with commercial exhaust and venting.
Where is this storefront property located?
The property is located at 8127 Miller Road Swartz Creek, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,020 square feet with one front entrance and two rear entrances; 9‑foot ceilings; Amish‑built roof installed 2.5 years ago, James Hardie siding, and commercial drip cap
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