Technical
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Property profile

N112 Us Highway 41 Stephenson, MI 49887

OFF-MARKET
Industrial properties
650 SF 0.31 ac lot Built 1940
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Property summary

AI-generated overview

The property is a commercial building located in Stephenson, Michigan, with direct highway access. It sits on an approximately 0.31-acre lot and has about 112 feet of frontage on the highway. The building includes a full basement and approximately 650 square feet of living area. City water and sewer services are available on-site. The zoning permits a range of uses, and the space may be adaptable for residential or mixed-use uses such as a home, studio apartment, or small efficiency apartment, subject to zoning requirements (including the addition of a shower or tub). It has potential for small business uses such as a hair shop or flower shop. The property also offers room to construct a separate storage building and/or expand the existing structure.

Property profile

Verified
Property type Industrial properties
Year built 1940
Total area 650 SF
Lot 0.31 ac (13,504 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

N112 Us Highway 41 Stephenson, MI 49887
Stephenson metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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