5431 Davison Rd Lapeer, MI 48446-2795
Property profile & analytics
5431 Davison Rd Lapeer, MI 48446-2795
- Retail space
- 4,816 SF
- 1.31 lot acres
Property ID
US43-4356142
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 5431 Davison Rd
- Year built
- 1965
- Lot size
- 1.31 lot acres
- Property size
- 4,816 SF
- Zone code
- C1
- Property type
- Retail space
- APN
- 008-008-034-00
- APU
- 800803400
Description
This exceptional 4,816 square foot industrial property located at 5431 Davison, Lapeer, MI, presents a lucrative investment opportunity. Situated on a 1.31-acre lot, the building currently operates as a thriving automotive repair shop, boasting a spacious 2,600 square foot drive-through work area. The main level also includes a well-appointed 1,200 square foot office and reception area, complete with two bathrooms. This area is currently leased for $1,840 per month. Adding to the property's income stream is a second-floor, two-bedroom, one-bathroom apartment spanning approximately 1,000 square feet, which generates a monthly rental income of $970. Both tenants express a strong desire to remain in the building, ensuring immediate and consistent cash flow for the new owner. The property utilizes a private well for water and is connected to public sewer. This turnkey operation offers a blend of commercial and residential income, making it an attractive investment with significant potential for future growth and returns. The asking price for this exceptional property is $334,900. Don't miss this chance to acquire a high-performing asset in a desirable location.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lapeer
- County
- Lapeer
- State
- Michigan
- Longitude
- -83.4377
- Latitude
- 43.0412
- 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
$7,083
$0.00
$0.00
$122,600
-
$0.00
$0.00
$245,200
