You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Commercial real estate

51 Chilson Rd Howell, MI 48843

3,744 SF 0.63 ac lot Built 1940
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US43-0071811
Property summary
AI-generated overview

This Howell, MI industrial property, located at 51 CHILSON, offers a unique investment opportunity. The 3,744 square foot building sits on a 0.63-acre lot and boasts a prime location with high visibility due to its main intersection placement and proximity to downtown Howell, experiencing 24,000 cars daily on Grand River Avenue. Currently occupied by a thriving business, the property features an attractive log exterior with newly sealed siding and a recently completed, striped asphalt parking lot. The interior is equally impressive, showcasing a stunning design with a stone fireplace and hardwood flooring. Over 2000 square feet are dedicated to office space. A separate, fully independent warehouse space is also available, featuring an 8-foot overhead door, its own entry and utilities, a bathroom, and additional storage in the full basement. This exceptional property is being sold in conjunction with another property located at 2426 E Grand River Ave (MLS #20240072834), a 1,800 square foot building listed at $399,000. Both properties must be purchased together to complete the sale. This presents a compelling opportunity for investors seeking a combined portfolio with significant income potential.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 3,744 SF
Lot 0.63 ac (27,312 SF)
Zoning code GCD
APN 11-06-200-026
UPID US43-0071811
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Akin & Akin Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$555k
Blend (final) Blend
$555k
Owner & transaction history
Marc Kremers · 1 yrs held
Marc Kremers
since 2025
5 recorded transactions
2025
$785,000
2006
$245,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GCD · Howell, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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