5046 Davison Rd Burton, MI 48509
- Commercial real estate
- 0.71 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5046 Davison Rd
- Lot size
- 0.71 lot acres
- Zone code
- RO
- Property type
- Commercial real estate
- APN
- 59-11-100-005
- APU
- 5911100005
Description
This versatile 2,880 sq ft industrial office building sits on a 0.71-acre lot in Burton, MI, offering high visibility in a prime location near the new GM plant and across from For-Mar Nature Preserve. The property boasts a studio apartment and a front office suite, each with a separate entrance, providing flexible space for various business needs. The interior features fresh paint throughout (excluding one upstairs office) and updated flooring in some areas, allowing for customization. The lower level includes a spacious conference room with a gas fireplace, perfect for large gatherings. The main floor has two private offices, while the upper level offers five or more offices, many previously rented. All-new LED lighting is installed on the main and upper levels. A 1.5-car garage provides additional storage. Ample parking is available. The building includes two long-term and two month-to-month tenants, generating immediate income. A new roof and siding were installed in 2023. The property is offered fully furnished or unfurnished, catering to buyer preferences. This income-producing property presents a compelling investment opportunity for businesses or investors seeking a flexible and well-located asset. The asking price is $350,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $120,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $145,000
- 7%
- $135,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $125,000
- Geo Method
- $135,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $120,000
- Retail
- $125,000
- Mixed-Use
- $120,000
- Hospitality
- $150,000
- Educational
- $140,000
- Residential Income
- $145,000
- Energy
- $140,000
- Income-Based Land
- $130,000
- Food Service
- $115,000
Location Insight
- Map
- Local Demand
- City
- Burton
- County
- Genesee
- State
- Michigan
- Longitude
- -83.6137
- Latitude
- 43.0325
- CBSA code
- 22420
- CBSA name
- FLINT, MI METROPOLITAN STATISTICAL AREA