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Property profile & analytics
OFF-MARKET
Mixed-use properties

6920 Albatross Ave Kewadin, MI 49648

1,400 SF 0.03 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 1,400 square foot mixed-use property, located at 6920 Albatross Avenue Unit D-16 in Kewadin, Michigan, presents a unique investment opportunity. The building, a 25' x 56' storage barn, offers ample space for storing recreational vehicles or equipment, and boasts significant potential for conversion into a workshop or even a loft space. The unit features two 16' x 16' insulated electric garage doors, ensuring easy access for larger vehicles and equipment. A concrete floor provides a durable and clean workspace, while the 110-amp service and a dedicated 50-amp outlet cater to the needs of RVs or power-intensive equipment. A raised water spigot at the service door provides convenient seasonal water access. Shared community bathrooms add to the convenience. The property sits on a 0.03-acre lot and is part of a well-maintained community. Association dues cover essential services including dumpster disposal, lawn mowing, snow removal, liability insurance, and exterior building insurance, providing peace of mind and minimizing maintenance responsibilities. This is one of four available units, making it a rare opportunity to acquire a versatile and well-maintained storage and workshop space in a desirable location. Priced at $140,000, this property offers excellent value and potential for a strong return on investment.

Property profile
Verified
Property type Mixed-use properties
Year built 2022
Total area 1,400 SF
Lot 0.03 ac (1,307 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
Allowed · conditional · prohibited
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