15045 Dixie Hwy, Holly, MI 48442
- Office buildings
- 5,570 SF
- 3.56 lot acres
Current Use by Public Records
- The State Group / Real Estate Agency
- FLO Charging Station / Electric Vehicle Charging Station
- Country Folk Art Craft Show / Art Gallery
- Tegrant Corporation Protexic Brands / Factory / Production Facility
- State Electric Company / Electrical Service / General Contractor
Property Details for 15045 Dixie Hwy
- Year built
- 2001
- Lot size
- 3.56 lot acres
- Zone code
- BI
- Property type
- Office buildings
- APN
- G -02-29-102-001
- APU
- G0229102001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 17, 2022 | $497,000 | U S Small Business Administration | Economic Development Foundation | Assignment Of Lease (leasehold Sale) | — |
| Feb 9, 2022 | — | Economic Development Fndn Ceitified | Lailands Lodge LLC | Assignment Of Lease (leasehold Sale) | $497k · Economic Development Foundation |
| Aug 23, 2021 | — | Lailands Lodge LLC | — | Deed · related | $480k · Oxford Bank |
| Aug 6, 2021 | $1,300,000 | Lailands Lodge LLC | Blakely Enterprises INC | Warranty Deed | $600k · Oxford Bank |
| Jan 8, 2001 | — | John K Blakely | Long,john E & Virginia E | Quit Claim Deed · related | — |
Description
Exceptional investment opportunity in a rapidly expanding sector. This turnkey portfolio comprises 84 installed and operating electric vehicle (EV) charging systems strategically located in high-traffic municipal areas throughout Michigan. Each system features a mix of Level 2 and 3 (DC fast) chargers, ensuring broad appeal and utilization. The network benefits from 10-year ground leases with municipalities, providing long-term stability and predictable cash flow. The current NOI stands at $4,500 annually, representing a 6.00% cap rate on the asking price of $75,000. The property includes 84 parking spaces, one per charging unit, and revenue is poised for growth as EV usage increases. The ground lease extends until October 24, 2034, offering a substantial remaining lease term of 10 years. This sale/leaseback opportunity presents a unique chance to acquire a proven, scalable business with significant upside potential. The network utilizes state-of-the-art technology, including integrated operating software and payment processing for streamlined management. Further expansion is possible, with plans to install an additional 144 charging systems. The price per unit is $892.86, and the property is categorized as a Business for Sale with Special Purpose, encompassing Business and Building and Telecom/Data Center subtypes. The tenant possesses a credit rating, and the multi-tenant structure ensures diversified income streams. This is an ideal investment for those seeking exposure to the burgeoning EV infrastructure market. Located at 15045 Dixie Hwy, Holly, MI 48442, this portfolio offers a compelling combination of stability, growth potential, and strong cash flow.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,270,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $928,000
- AI Estimate
- $763,000
Market price range: $398k - $928kMarket price range: $174k - $764k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $980,000
- RESTAURANT
- $965,000
- RETAIL STORES
- $940,000
- MEDICAL BUILDING
- $880,000
- AUTO REPAIR, GARAGE
- $685,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Holly
- County
- Oakland
- State
- Michigan
- Longitude
- -83.5456
- Latitude
- 42.8156
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
