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    415 N Lafayette St South Lyon, MI 48178
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    Property profile & analytics

    415 N Lafayette St South Lyon, MI 48178


    • Warehouses
    • 35,185 SF
    • 4.24 lot acres
    South Lyon Warehouse Complex For Sale For Sale
    $3,850,000
    37,450 SF

    South Lyon Warehouse Complex For Sale

    Two-building complex totaling 37,450 SF on 4.2 acres.

    415 N Lafayette St, South Lyon, MI 48178
    View Listing
    Property ID
    US43-0707708
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Genesis Psychological Services / Physician / Medical Clinic
    • Erica Hubbell / Foster Care Service / Social Service Agency
    • Day James L PhD / Physician / Medical Clinic
    • Michigan Life & Health Insurance / Insurance Agency
    • Mortgage 1 South Lyon / Loan Service / Bank

    Property Details for 415 N Lafayette St

    Year built
    1954
    Lot size
    4.24 lot acres
    Property size
    35,185 SF
    Zone code
    II
    Property type
    Warehouses
    APN
    80-21-19-476-008
    APU
    802119476008

    Description

    This exceptional industrial property in South Lyon, Michigan, presents a unique investment opportunity. The complex comprises two buildings totaling 37,450 square feet on a 4.2-acre fenced lot. The front building, constructed in 1954 and renovated in 2017, offers 19,450 square feet, encompassing office space, a showroom, and warehouse area with two overhead doors and four truckwells. The rear building, a newer addition completed in 2019, boasts 18,000 square feet of clear-span warehouse space (60' x 300'), featuring 20-foot ceilings, three overhead doors, and two truckwells. The property is zoned for light industrial use and includes a total of six loading docks and eleven dock-high doors. The asking price is $3,850,000, with seller financing a possibility. This property is located at 415 N. Lafayette St, South Lyon, MI 48178, and features a ceiling height ranging from 16 to 20 feet. The property's APN is 21-19-476-008. This is a single-tenant property. The building is one story.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,064,000
      Market price range: $1.68M - $4.52M
      AI Estimate
      $1,661,000
      Market price range: $1.02M - $3.71M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,685,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    South Lyon
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6528
    Latitude
    42.4643
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, 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
    $32,063
    $0.00
    $0.00
    $723,140
    -
    $0.00
    $0.00
    $1,446,280
    View Listing
    More about this property
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