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    OFF-MARKET
    Neighborhood centers

    264-304 Lafayette St, South Lyon, MI 48178

    5,786 SF Built 1971
    Property ID
    Property summary
    AI-generated overview

    This exceptional single-story retail strip center, located at 264-304 N Lafayette St in South Lyon, Michigan, presents a unique investment opportunity. Built in 1971, the property boasts a total of 5,786 square feet, currently offering multiple spaces for lease. The building is zoned B-1, providing flexibility for a variety of retail uses. The property features ample parking, with a ratio of 5.18 spaces per 1,000 square feet. The address is 264-304 N Lafayette St, South Lyon, MI 48178, and the Oakland County Assessor's Parcel Number (APN) is 21-20-358-006. While the total building square footage is 5,786 square feet, there is currently 6,986 square feet vacant, presenting significant potential for expansion or new tenants. The available spaces range in size from 1,200 square feet to the entire building. This property offers high visibility and convenient access, making it an ideal location for businesses seeking to establish or expand their presence in the thriving South Lyon market. The property's location in Oakland County, Michigan, provides access to a strong consumer base and excellent infrastructure. This is a rare opportunity to acquire a well-located retail property with significant upside potential. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1971
    Total area 5,786 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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