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Property profile & analytics
OFF-MARKET Estimated value $885,000
Warehouses

31119 Greenfield Rd Beverly Hills, MI 48025-5619

14,400 SF 1.19 ac lot Built 1959
Entity Owned 6-yr Hold Free & Clear
Property ID
US43-0253458
Property summary
AI-generated overview

This exceptional 14,400 square foot commercial property, located at 31119 Greenfield Road in Beverly Hills, Michigan (48025), presents a unique investment opportunity. The single-story, Class B building, constructed in 1959, sits on a 0.91-acre lot and offers a flexible layout suitable for various uses. Currently zoned B, the property features a blend of retail, office, and industrial space, making it ideal for a diverse range of businesses. The building boasts a 13-foot ceiling height, providing ample vertical space. For efficient loading and unloading, the property includes two loading docks and two drive-in doors. A significant portion of the building, totaling 7,888 square feet, is currently vacant and ready for immediate occupancy. This space was previously used as a gym, and some existing equipment may be available for purchase separately. The property's strategic location near the intersection of Greenfield Road and 13 Mile Road in the Birmingham Area submarket offers excellent visibility and accessibility. The multiple tenancy structure allows for diverse occupancy options, including but not limited to sports training facilities, retail establishments, medical distribution centers, or warehousing operations. This versatile property offers a compelling opportunity for businesses seeking a well-located, adaptable space in a thriving Michigan community.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1959
Total area 14,400 SF
Lot 1.19 ac (51,836 SF)
Zoning code BI
APN TH-24-01-477-011
UPID US43-0253458
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
$845k
Blend (final) Blend
$885k
Owner & transaction history
13 Greenfield LLC · 6 yrs held
13 Greenfield LLC
since 2020
Last sale
$900,000
5 recorded transactions
2020
$900,000
2012
Price N/A
2009
$200,000
2009
Price N/A
1999
$305,000
Zoning & alternative use
BI · Beverly Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.3M +21.9%
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