Property profile

1515 Michigan Ave Marysville, MI 48040

OFF-MARKET
Auto shops
Property ID
US43-4561302
3,600 SF 0.28 ac lot Built 1985
Entity Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1985
Total area 3,600 SF
Lot 0.28 ac (11,979 SF)
Zoning code M-1
APN 74-03-769-0560-000
UPID US43-4561302

Cap rate & NOI

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

Location

1515 Michigan Ave Marysville, MI 48040-1702
Marysville metro Census 637200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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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
$485k

Owner & transaction history

since 2012
3 recorded transactions
2012
Price N/A
2006
$490,000
1969
Price N/A

Zoning & alternative use

M-1 · Marysville, MI
Zoning description

The M-1 Light Industrial Districts are designed so as to primarily accommodate wholesale activities and warehouse and industrial operations whose external, physical effects are restricted to the area of the districts and…

General category INDUSTRIAL

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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