Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4411 Newark Rd Attica, MI 48412
    Back to Search
    Property profile & analytics

    4411 Newark Rd Attica, MI 48412

    View on Map
    • Commercial real estate
    • 17.98 lot acres
    For Sale
    $4,099,999
    View Listing →
    Attica Agricultural Land Investment Opportunity For Sale
    $4,099,999
    20,000 SF

    Attica Agricultural Land Investment Opportunity

    17.98 acres with 20,000 sq ft building near I-69.

    4411 NEWARK Road, Attica, MI 48412
    View Listing
    Property ID
    US43-4386131
    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

    • New Life Christian Church / Church

    Property Details for 4411 Newark Rd

    Lot size
    17.98 lot acres
    Zone code
    AG
    Property type
    Commercial real estate
    APN
    003-021-030-20
    APU
    302103020

    Description

    This exceptional commercial property, situated in Attica, MI, presents a unique investment opportunity. Conveniently located off I-69, between M-24 and M-53, this 17.98-acre site boasts a substantial 20,000 square foot building. The property features an expansive front parking lot and a rear area including a pavilion, baseball field, and mature trees. The building itself is constructed with attractive stone veneer and includes a vaulted outdoor entrance. Natural light floods the main foyer through large windows. A highlight is the impressive 3,000+ square foot community/entertainment media room, complete with a fully equipped kitchen, ample seating, a technical stage, control booth, and stage technology. Two executive offices with en-suite bathrooms are also included. The main floor also offers spacious corridors, several additional rooms, and public restrooms. A large upper loft completes the space. This versatile property offers endless possibilities for redevelopment or expansion, including but not limited to: storage, warehouse, corporate offices, banquet hall, venue, private school, youth/athletic center, nursing home, or recovery center. The property's size and amenities make it an ideal choice for a variety of uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Attica
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.1683
    Latitude
    43.0054
    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
    $24
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      Attica, MI 48412

      COMMERCIAL (GENERAL)
      Attica, MI 48412
      View Details
    • Value Estimation by Request
      0.67 Acres

      27 Elk Lk Rd

      COMMERCIAL (GENERAL) • 0.67 Acres
      27 Elk Lk Rd, Attica, MI 48412-9774
      View Details
    • Value Estimation by Request

      1200 Lk George Rd

      COMMERCIAL (GENERAL)
      1200 Lk George Rd, Attica, MI 48412-9749
      View Details
    • Value Estimation by Request
      0.40 Acres

      173 Lk Pleasant Rd

      COMMERCIAL (GENERAL) • 0.40 Acres
      173 Lk Pleasant Rd, Attica, MI 48412-9513
      View Details
    • Value Estimation by Request
      0.37 Acres

      4981 Lum Rd

      COMMERCIAL (GENERAL) • 0.37 Acres
      4981 Lum Rd, Attica, MI 48412-9210
      View Details
    • Value Estimation by Request
      0.06 Acres

      Lum Rd

      COMMERCIAL (GENERAL) • 0.06 Acres
      Lum Rd, Attica, MI 48412
      View Details

    Similar Nearby for Sale

    • $105,000

      Buildable Land for Sale

      Over 10 acres of buildable land near Imlay City.
      395 S Lake George Rd, Attica, MI 48412
      View Details
    • $1,750,000
      140.00 Acres

      140 Acres Near Interstate 69

      140-acre parcel near I-69 with development potential.
      3766 Payne Rd, Attica, MI 48412
      View Details
    • $999,900
      123.60 Acres

      120+ Acres of Rolling Hills

      120+ acres with ponds, house, barns, and clubhouse in Attica.
      3479 Haines Rd, Attica, MI 48412
      View Details
    • New
      $98,900
      10.30 Acres

      Buildable Land in Attica, MI

      10.3 acres of buildable land near Imlay City and Lapeer.
      395 Lake George Rd S, Attica, MI 48412
      View Details
    • $4,099,999
      20,000 SF

      Attica Agricultural Land Investment Opportunity

      17.98 acres with 20,000 sq ft building near I-69.
      4411 Newark Rd, Attica, MI 48412
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4411 Newark Rd
    Attica, MI 48412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4411 Newark Rd, Attica, MI, 48412
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!