2063 Bristol Rd Burton, MI 48529
- Commercial real estate
- 1,640 SF
- 0.36 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2063 Bristol Rd
- Year built
- 1954
- Lot size
- 0.36 lot acres
- Property size
- 1,640 SF
- Property type
- Commercial real estate
- APN
- 59-29-555-084
- APU
- 5929555084
Description
This 1,640 square foot freestanding industrial building is ideally situated in Burton, Michigan, just off East Bristol Road and a convenient three miles from I-75. Previously used as a pharmacy, this property offers significant potential for a variety of businesses. The building features a recently replaced roof (2021), a spacious new parking lot accommodating ten vehicles, including one handicapped-accessible space, and an additional lot at the rear. Prominent signage is already in place, enhancing visibility and attracting potential customers. Inside, the building includes two bathrooms and a new water heater, ensuring functionality and convenience. The property sits on a 0.35-acre lot and is zoned C-2 General Business, allowing for a range of commercial uses. This versatile space presents a compelling opportunity for entrepreneurs seeking a well-maintained, conveniently located building with excellent visibility and ample parking. The combination of recent upgrades, strategic location, and flexible zoning makes this an attractive investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $95,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $100,000
- 6.5%
- $90,000
- 7%
- $90,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $75,000
- Geo Method
- $95,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $75,000
- Retail
- $90,000
- Mixed-Use
- $80,000
- Hospitality
- $100,000
- Educational
- $80,000
- Residential Income
- $85,000
- Energy
- $75,000
- Income-Based Land
- $85,000
- Food Service
- $85,000
Location Insight
- Map
- Local Demand
- City
- Burton
- County
- Genesee
- State
- Michigan
- Longitude
- -83.6706
- Latitude
- 42.9748
- CBSA code
- 22420
- CBSA name
- FLINT, MI METROPOLITAN STATISTICAL AREA