Financial
Distress signals
Property profile

5303 S Old Us Highway 23 Brighton, MI 48114

FOR SALE
Commercial real estate
View Listing
Property ID
US43-1403028
1,848 SF 0.33 ac lot Built 1848
Last sale Sep 2025 · $206,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,900 square foot office building, situated on a 0.7-acre lot in Brighton, Michigan, presents a unique investment opportunity. Currently vacant, this Class B property boasts two units within two buildings, each spanning two stories, and was constructed in 1995. The property is zoned for OFFICE/RETAIL use, offering considerable versatility. Significant renovations have already commenced, including completed demolition, a poured basement plumbed for an additional bathroom, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$4k
Tax billed · 2019
Assessed value · 2023$97k
Effective rate4.17%

Value estimate

· Sep 2026
$140k
$126k – $154k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 2.86% cap applied$9k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$137/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$87 – $202
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2.86%
$9k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
JurisdictionLIVINGSTON

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.0
Pharmacy12.5
Electrical Service11.8

Location

5303 S Old Us Highway 23 Brighton, MI 48114
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6919 Grand Riv, Brighton, MI 48114-9398 $600,000 Dec 2025 2,360 SF
6121 Grand Riv, Brighton, MI 48114-9329 $300,000 Oct 2024 1,360 SF
8143 Grand Riv, Brighton, MI 48114-9406 $200,000 May 2024 2,288 SF
8086 Grand Riv, Brighton, MI 48114-9341 $475,000 Apr 2024 2,356 SF
3317 Old Us Hwy 23, Brighton, MI 48114-8206 $400,000 Aug 2023 1,938 SF
7993 Grand Riv, Brighton, MI 48114-9365 $3,200,000 Jan 2023 1,728 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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