2063 Bristol Rd, Burton, MI 48529-1318
This 1,640 square foot freestanding industrial building is ideally situated in Burton, Michigan, just off East Bristol Road and a convenient three miles from I-75. Previously used as a pharmacy, this property offers significant potential for a variety of businesses. The building features a recently replaced roof (2021), a spacious new parking lot accommodating ten vehicles, including one handicapped-accessible space, and an additional lot at the rear. Prominent signage is already in place, enhancing visibility and attracting potential customers. Inside, the building includes two bathrooms and a new water heater, ensuring functionality and convenience. The property sits on a 0.35-acre lot and is zoned C-2 General Business, allowing for a range of commercial uses. This versatile space presents a compelling opportunity for entrepreneurs seeking a well-maintained, conveniently located building with excellent visibility and ample parking. The combination of recent upgrades, strategic location, and flexible zoning makes this an attractive investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.