Back to Search
Property profile & analytics
FOR SALE
Retail space
56200 Grand River Ave New Hudson, MI 48165
Entity Owned
Absentee Owner
Free & Clear
Property ID
US43-1246522
For Sale
1 / 6
Contact for pricing
56200 Grand River Ave, New Hudson, MI 48165
View Listing →
Property summary
AI-generated overview
This exceptional 7-acre commercial land assemblage presents a rare investment opportunity in Western Oakland County, Michigan. Located at the highly visible hard corner of Grand River and Lyon Center Drive, this property boasts a prime location within New Hudson's major commercial development district. The permitted zoning, New Hudson Edge, allows for multi-family development, making it ideal for a variety of projects. The parcel consists of several contiguous lots, with APN numbers 21-03-327-007, 008, 009
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
3,164 SF
Lot
0.26 ac (11,326 SF)
Zoning code
BI
APN
K -21-03-327-009
UPID
US43-1246522
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
-
Roundabout Resale Discount Store (Bike/Boat/Book/etc) Store
-
Amelia Mae Boutique Clothing Store Gift Shop
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
Living Stone Management LLC
Living Stone Management LLC
since 2026
3 recorded transactions
Zoning & alternative use
BI · New Hudson, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Hudson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hudson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,802
Tax year 2023
Assessed value
$102,890
Assessed 2024
Previous assessed
$97,450
+5.6% YoY
Effective rate
3.70%
On assessed value
Total market value
$205,780
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1950
Heating
GAS
Buildings
2
Stories
1
Units
1
Total area
3,164 SF
Lot
0.26 ac (11,326 SF)
Zoning code
BI
APN
K -21-03-327-009
UPID
US43-1246522
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · New Hudson, MIZoning BI · permitted uses
BI · New Hudson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Heating
GAS
Stories
1
Buildings
2
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Living Stone Management LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4920 MILETT RD, FOWLERVILLE, MI 48836-8986
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
$270,400
Living Stone Management LLC
56200 II Holding LLC
Warranty Deed
—
Aug 20, 2004
$137,500
Kittridge Dana C & Mary Trust
Deleon,john & Shirley
Quit Claim Deed
related
—
Aug 11, 2004
—
56200-ii Holding LLC
Kittridge Dana & M Trust
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
