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Property profile & analytics

3401 Sterns Rd Lambertville, MI 48144-9576

  • Office buildings
  • 7,992 SF
  • 1.16 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
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.

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
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — 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
More about this property
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