3401 Sterns Rd Lambertville, MI 48144-9576
Property profile & analytics
3401 Sterns Rd Lambertville, MI 48144-9576
- Office buildings
- 7,992 SF
- 1.16 lot acres
Property ID
US43-1521027
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 3401 Sterns Rd
- Lot size
- 1.16 lot acres
- Property size
- 7,992 SF
- Property type
- Office buildings
- APN
- 02-491-002-00
- APU
- 249100200
Description
This exceptional Lambertville, MI industrial property presents a significant investment opportunity. Located at 3401 Sterns, the building currently boasts 7,992 square feet of leasable space, divided into six main-level rental units. Four of these units benefit from convenient basement storage. A compelling aspect of this property is the significant expansion potential. An additional approximately 2,952 square feet of unfinished space is available on the upper level, ready for development. The upper level is already plumbed for a bathroom, simplifying build-out. Upon completion of the upper level, the total building square footage will reach approximately 13,842 square feet. The property sits on a generous 1.16-acre lot, providing ample space for operations and future expansion. The asking price is $1,599,000. The seller is open to owner financing, offering a flexible purchase option for qualified buyers. This property is ideal for investors seeking a strong return on investment or businesses looking to expand their operations in a prime Lambertville location. The existing rental income stream provides immediate cash flow, while the significant expansion potential offers long-term growth opportunities. Don't miss this chance to acquire a versatile and valuable commercial property.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $856,000
- AI Estimate
- $856,000
Market price range: $323k - $973kMarket price range: $323k - $973k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $730,000 Current use
- RESTAURANT
- $640,000 Change: -13% Conversion: Moderate
- RETAIL STORES
- $605,000 Change: -17% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $605,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lambertville
- County
- Monroe
- State
- Michigan
- Longitude
- -83.6285
- Latitude
- 41.7485
- CBSA code
- 33780
- CBSA name
- MONROE, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,775
$0.00
$0.00
$404,600
-
$0.00
$0.00
$809,200
