Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Pleasant Valley Rd Brighton, MI 48114

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    62 Acres, I-96 Frontage, Build-to-Suit

    Property Features for 0 Pleasant Valley Rd

    General Information

    Property type
    Land
    Lot Size
    2,720,322 SF

    We can help!

    Listing Contact
    Paul Gobeille
    Paul Gobeille

    Listing Agency: Thomas A. Duke Company Listing Agent: Paul Gobeille

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 62.45-acre industrial land parcel in Brighton, Michigan, presents a unique investment opportunity. Located on Pleasant Valley Road, the property boasts approximately 4,899 linear feet of frontage along I-96, providing unparalleled access and visibility. The land is zoned for light industrial use, with the possibility of residential development, offering flexibility for various projects. The site features a wooded setting with numerous building options, and is conveniently situated minutes from Island Lake State Recreation Area. Municipal sewer is available, simplifying infrastructure development. The property includes two APNs: 12-34-400-010 and 12-35-300-003. The seller is open to build-to-suit options, tailoring the development to meet specific needs. This prime location, combined with its size and accessibility, makes this a highly desirable property for businesses seeking a strategic location in Livingston County. The asking price is $1,350,000. The property's address is Pleasant Valley Rd, Brighton, MI 48114.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brighton
    County
    Livingston
    State
    Michigan
    Longitude
    -83.7069475
    Latitude
    42.5698193

    Nearby Similar for Sale

    • $900,000
      7,031 SF

      Brighton Commercial Property on Grand River

      7,031 sq ft commercial property between Brighton and Howell.
      7475 Grand River Rd, Brighton, MI 48114
      View Details
    • Contact for pricing
      9,007 SF

      Brighton Office Investment Opportunity

      Well-maintained office building in Brighton's professional corridor.
      10484 Citation Dr, Brighton, MI 48116
      View Details
    • $450,000

      Hunter Rd, Brighton Land Opportunity

      Land available for sale in Brighton, Michigan.
      1290/2 Hunter Rd, Brighton, MI 48114
      View Details
    • Contact for pricing

      Professional Office Building Near Main

      Renovated office suites near Brighton's shopping and entertainment district.
      324 W Grand River Ave, Brighton, MI 48116
      View Details
    • Contact for pricing
      70,000 SF

      Versatile Commercial Property in Brighton

      70,000 SF property suitable for medical, educational, or retail use.
      7100 Whitmore Lake Rd, Brighton, MI 48116
      View Details
    • Contact for pricing
      21 SF

      Retail Pad Site Opportunity

      Retail pad site shadow-anchored by Kroger Marketplace.
      9912 East Grand River Ave, Brighton, MI 48116
      View Details
    • Contact for pricing

      Dominant Power Center in Brighton

      Premier power center in Livingston County with high visibility.
      8365 Grand River Ave, Brighton, MI 48116
      View Details
    • Contact for pricing

      Luxury Townhome-Style Apartment Building

      26-unit townhome-style property with high-end finishes and attached garages.
      11375 Way Izik's, Brighton, MI 48116
      View Details
    • $70,000

      Brighton Township Multifamily Opportunity

      Multifamily property for sale in Brighton Township, Michigan.
      5980 Alan Dr, Brighton, MI 48116
      View Details
    • Contact for pricing
      35,636 SF

      Brighton Warehouse Space Available

      35,636 SF warehouse/industrial property in Brighton, Michigan.
      12877 Emerson Dr, Brighton, MI 48116
      View Details
    • $1,500,000

      Lakefront Apartment Community Opportunity

      Seventeen-unit apartment community with lake frontage and value-add potential.
      11429 Frey Ct, Brighton, MI 48116
      View Details
    • $350,000
      1,777 SF

      Brighton Industrial Space - Grand River Ave

      High-visibility Brighton office, ample parking.
      1020 Grand River Ave, Brighton, MI 48116
      View Details

    FAQs

    What type of property is this?
    Land - 62 Acres, I-96 Frontage, Build-to-Suit
    Where is this land located?
    The property is located at Pleasant Valley Rd Brighton, MI.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Owner will build-to-suit.; Zoned for light industrial use, with potential for residential development.; Municipal sewer available.
    (248) 226-1684 Call to check price and availability
    Request Owner's contact information
    Pleasant Valley Rd Brighton, MI 48114
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Pleasant Valley Rd
    Brighton, MI 48114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Pleasant Valley Rd Brighton, MI 48114
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Paul Gobeille
    Paul Gobeille
    (248) 226-1684 (248) 320-8000 (248) 476-3700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!