4500 Lapeer Rd, Columbiaville, MI 48421-9778
This exceptional commercial property, located at 4500 N Lapeer Rd, Columbiaville, MI 48421, offers 4,403 square feet of versatile space on a 2.23-acre lot (APN: 00602802700). Built in 1970 and renovated in 1999, the single-story building boasts multiple offices suitable for administrative and operational needs. The property features robust electrical infrastructure, including 1,600 amps of 3-phase power (408/277v) with three transformers. Climate control is ensured by six 5-ton AC units and a 27,000 BTU ductless heat pump, supplemented by a two-zone wall-mounted heater. Practical amenities include a 1,000-gallon water reservoir, natural gas, and a 12-foot roll-up door. Recent improvements include a new metal 29-gauge roof and 6" gutters (2020). An additional lot is included, providing expansion or parking possibilities. The property's high-traffic location (14,416 daily vehicles) makes it ideal for a variety of commercial uses, from offices to light manufacturing. This presents a unique opportunity for businesses seeking a well-equipped and strategically located space in a thriving area. The asking price is $575,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C · Columbiaville, MIColumbiaville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.