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    4218 Grand River Ave Howell, MI 48843

    Sponsored
    For Sale
    $995,000

    6,000 SF Office/Retail Space for Sale

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,000 square foot executive office condo, built in 2003, is ideally situated at 4218 Grand River Avenue in Howell, Michigan, 48843. The property offers a prime location in a thriving area, boasting convenient freeway access and high visibility. This multi-tenant building presents a fantastic opportunity for businesses seeking a versatile space. The property is available for sale at $995,000 and features a Net Net Net (NNN) lease structure with a rate of $15 per square foot. The building's strategic location benefits from significant traffic volume, averaging 30,172 vehicles per day. Nearby national retailers such as Meijer, Big Lots, Petsmart, and Tractor Supply Company contribute to the high traffic flow and strong retail presence in the immediate vicinity. This makes it an attractive location for a variety of businesses, including retail, office, medical, or service-oriented enterprises. The property's modern design and convenient location make it a highly desirable investment opportunity. The property type is classified as retail and office, with a subtype of executive office, commercial, and retail pad. This versatile space offers significant potential for growth and success in a dynamic market.

    Property Features for 4218 Grand River Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,000 SF

    Building Details

    Year Built
    2003

    HighLights

    • 6,000 SF Executive Office Condo for Sale
    • $15/SF NNN Lease Rate
    • $995,000 Asking Price
    • 30,172 Vehicles Per Day (VPD) Traffic Count
    • Built in 2003
    Property Profile Location Intelligence

    Current Use by Public Records

    April Hall ~ Massage ... Massage Therapist Howell Garage Doors ... Garage Builder Endeavor Fitness Gym

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.9108968
    Latitude
    42.5656204

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    FAQs

    What type of property is this?
    Individual retail property - 6,000 SF Office/Retail Space for Sale
    Where is this individual retail property located?
    The property is located at 4218 Grand River Ave Howell, MI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 6,000 SF Executive Office Condo for Sale; $15/SF NNN Lease Rate; $995,000 Asking Price
    Request Owner's contact information
    4218 Grand River Ave Howell, MI 48843
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    Howell, MI 48843
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4218 Grand River Ave Howell, MI 48843
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