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Property profile & analytics
FOR SALE
Commercial real estate

10087 Spencer Rd Brighton, MI 48114

3,823 SF 1.24 ac lot Built 1907
Entity Owned 16-yr Hold Free & Clear
Property ID
US43-1888625
Property summary
AI-generated overview

This exceptional 3,398 square foot industrial building is situated on a desirable 1.24-acre lot in Brighton, Michigan. The property boasts a highly visible location on Spencer Road in Brighton Township, offering excellent exposure for any business. While maintaining a charming, "homey" exterior, the interior features lovely finishes creating a professional and inviting atmosphere. Multiple gas fireplaces and a full kitchen add to the comfortable and functional workspace. The building is currently configured for single-tenant occupancy, although it has successfully accommodated multiple tenants in the past. The expansive lot provides ample space and privacy, a feature not immediately apparent from the road. Its convenient location offers easy access to major expressways and the City of Brighton. Furthermore, the property is connected to the city sewer system, providing a reliable and efficient waste disposal solution. This turnkey property presents a unique opportunity for a business seeking a well-maintained, attractive, and conveniently located industrial space. The combination of its aesthetic appeal, functional layout, and prime location makes this an exceptional investment opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1907
Total area 3,823 SF
Lot 1.24 ac (54,014 SF)
Zoning code I-1
APN 12-29-200-047
UPID US43-1888625
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Spencer Place LLC · 16 yrs held
Spencer Place LLC
since 2009
5 recorded transactions
2009
$79,432
2007
$367,873
2005
$429,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I-1 · Brighton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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