Technical
Financial
Distress signals
Property profile

5326 Lacey Rd Dowling, MI 49050

OFF-MARKET
Industrial properties
Property ID
US43-4471415
3,414 SF 1 ac lot Built 1960
Entity Owned 4-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This turnkey convenience store, located at 5326 Lacey in Dowling, MI, presents a fantastic investment opportunity. The 3,414 square foot building sits on a one-acre lot and is offered at $495,000. Recent upgrades significantly enhance its operational efficiency and appeal. A new roof ensures long-term protection, while a newly installed 400-amp service provides ample power. The entire floor has been protected with new flooring, and a new furnace ensures comfortable temperatures year-round. Extensive exterior improvements include a six-inch concrete parking lot. Energy efficiency is maximized with spray foam insulation. Security is a top priority, with a nine-camera system installed throughout the premises. The fully equipped kitchen boasts a 60-amp pizza oven, range, and two deep fryers, ready for immediate use. Refrigeration units have been recently updated and are in excellent condition. The property includes a valuable food and beer license, allowing for early Sunday sales, a significant advantage in this market. This sale includes all existing inventory and equipment, making this a truly turnkey operation. This is a rare opportunity to acquire a well-maintained, profitable business with significant recent improvements. The combination of location, upgrades, and existing licenses makes this a highly attractive investment. Contact us today to schedule a showing and explore this exceptional opportunity.

Property profile

Verified
Property type Industrial properties
Year built 1960
Total area 3,414 SF
Lot 1 ac (43,560 SF)
UPID US43-4471415

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store Grocery & Convenience Store

Location

5326 Lacey Rd Dowling, MI 49050
Dowling metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2020
$45,000
2020
$30,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 5326 Lacey Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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