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Property profile & analytics
FOR SALE
Commercial real estate

1386 E Hemphill Rd Burton, MI 48529

2,622 SF 0.55 ac lot Built 1965
Individually Owned 4-yr Hold Free & Clear
Property ID
US43-0061588
Property summary
AI-generated overview

This 2,622 square foot industrial building located at 1386 E HemphILL, Burton, MI, presents a unique opportunity for a variety of businesses. Situated on a 0.55-acre lot, the property boasts ample parking, providing convenient access for employees and customers. Its strategic location offers easy access to major expressways, ensuring seamless transportation and logistics. The building itself features a full basement, complete with a functional kitchen, ideal for catering or food-related businesses. Multiple classrooms are also available, making it suitable for educational purposes or office spaces requiring separate work areas. The property is available for immediate possession, offering flexibility for quick occupancy. Furthermore, a land contract option may be available, providing potential buyers with an alternative financing solution. The building's previous use as a church suggests a high ceiling and open floor plan, offering significant adaptability for various commercial applications. This versatile space is perfect for entrepreneurs seeking a cost-effective and well-located property to establish or expand their business. The combination of size, location, and features makes this an exceptional opportunity in the Burton, MI market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 2,622 SF
Lot 0.55 ac (24,002 SF)
APN 59-30-576-021
UPID US43-0061588
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Glendale Door Chrsitian Fwshp Minis · 4 yrs held
Glendale Door Chrsitian Fwshp Minis
since 2022
Last sale
$150,000
5 recorded transactions
2022
$150,000
2014
Price N/A
2012
Price N/A
2007
Price N/A
2007
$180,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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