Property profile

10435 State Rd Millington, MI 48746

OFF-MARKET
Commercial real estate
Property ID
US43-2025562
3.97 ac lot
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Millington investment opportunity boasts a 7,520 square foot strip mall strategically located on M-15, offering 185 feet of prime road frontage. The property includes six tenant spaces, each equipped with a private bathroom, air conditioning, furnace, utility closet, and 200-amp electrical service. Currently enjoying 100% tenant occupancy for 2024, this property provides immediate and consistent income generation. Adding to its versatility, a substantial pole barn with electric service and a 10' x 14' roll-up door sits on the 3.97-acre lot, providing ample space for various uses, such as a contractor's yard or a mobile business base. The expansive yard space offers further potential for expansion or outdoor storage. The property's location on M-15 ensures high visibility and significant drive-by traffic. A potential added entrance off Willard Road is also a possibility. This turnkey investment is further enhanced by the availability of an additional 3 contiguous acres for purchase, presenting significant expansion opportunities. Buyer to verify all information.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.97 ac (172,933 SF)
APN 017-033-000-4000-09
UPID US43-2025562

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Telecommunications Service Data Center
  • Grocery & Convenience Store

Location

10435 State Rd Millington, MI 48746-9341
Millington metro Census 1200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2025
Last sale
$339,000
3 recorded transactions
2025
$339,000
2017
$145,000
2004
$245,000

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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