07640 Fair Rd, East Jordan, MI 49727
This exceptional commercial property in East Jordan, Michigan, presents a unique investment opportunity. Located on a 1.5-acre lot at 07640 Fair Road, 49727, this property boasts a substantial 40 x 92 foot main commercial shop with a 20 x 92 foot addition featuring a 20-foot pit. The building includes three overhead doors (two 14-foot and one 12-foot), a 9,000-pound lift, and a drive-through service setup. A heated and insulated full office and upper loft provide ample administrative space. Further enhancing the property's versatility is a 30 x 70 foot steel lean-to structure (dirt floor) with potential for enclosure, and a 16 x 12 foot steel building. The property benefits from a secondary waste oil burner heating system and is conveniently located off M-32, offering easy access. Zoned commercial, this property is ideal for a new business venture or continuation of the existing diesel repair operation. The asking price is $400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.