154 Lake Pleasant RdAttica, MI 48412

Property Details for 154 Lake Pleasant Rd

Lot size

0.31 AC

Property size (Sq ft)

1,300 SF

Zone code

DUMMY

Property type

Office properties

Property subtype

Office buildings

APN

003-156-004-00

APU

315600400

Description

This exceptional 1,350 square foot industrial building presents a fantastic opportunity for a variety of businesses. Situated on a 0.32-acre lot at 154 S LAKE PLEASANT in Attica, MI, this property boasts a prime location on busy Lake Pleasant Road, just north of I-69, ensuring high visibility and easy accessibility for clients and employees. The building's versatile interior is well-suited for a range of uses, including but not limited to legal practices, medical offices, retail establishments, or entrepreneurial ventures. The ample parking area provides convenient parking for both staff and customers, a significant advantage in a high-traffic area. The property's strategic location near I-69 offers excellent connectivity to regional transportation networks, further enhancing its appeal to businesses seeking convenient access to major thoroughfares. This is a rare opportunity to own a well-located, versatile commercial space with significant potential for growth and success. The building's size and layout offer flexibility for customization to meet the specific needs of a wide range of businesses. Don't miss this chance to establish your business in a thriving location. The asking price is $229,000.

• CAP approach

  CAP return

  Valuation

  6%

  $222,544

  6.5%

  $205,426

  7%

  $190,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $121,602

  Geo Method

  $121,602

• Alternative Use

  Use

  Valuation

  Residential

  $254,728

  Hospitality

  $233,329

  Educational

  $194,127

  Medical

  $200,803

  Retail

  $301,976

Location Insight

City

Attica

County

Lapeer

State

Michigan

Latitude

43.0306

Longitude

-83.1668

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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