Property profile

135 Hakes Montgomery, MI 49255

OFF-MARKET
Commercial real estate
Property ID
US43-3543074
0.2 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity in Montgomery, MI, presents a versatile 1100 square foot building situated on a 0.2-acre lot. Previously utilized as a mechanical garage, this property offers immense potential for a wide range of entrepreneurial ventures. The spacious interior provides ample room for customization and adaptation to suit diverse business needs. Its location in Montgomery offers accessibility and visibility, making it an ideal spot for a thriving enterprise. The property is being offered at an attractive price of $39,900. Buyers are responsible for verifying all information provided, including property taxes obtained from the local assessor, which are subject to change upon closing. This is a chance to acquire a well-positioned property with significant upside, ready for your innovative vision and business plan. The building's previous use as a mechanical garage suggests existing infrastructure that could be advantageous for certain types of businesses. Seize this opportunity to establish your business in a prime location with a solid foundation for growth. Act quickly, as this property is expected to attract significant interest. The 0.2-acre lot provides ample space for potential expansion or outdoor operations, depending on the chosen business model. This is a blank canvas awaiting your entrepreneurial touch.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.2 ac (8,712 SF)
APN 14-130-001-024
UPID US43-3543074

Cap rate & NOI

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

Location

135 Hakes Montgomery, MI 49255-9300
Montgomery metro Census 51200 HILLSDALE, MI MICROPOLITAN STATISTICAL AREA
Google Maps

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
$215k

Owner & transaction history

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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