Property profile

640 Fawn River Rd Sturgis, MI 49091

FOR SALE
Other commercial real estate
Property ID
US43-2141827
2.38 ac lot
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is an industrial-zoned auto repair and towing facility with a total building area of approximately 5,500 square feet. The shop area is configured with 8 bays and 6 vehicle hoists, served by 8 overhead doors, including 2 with automatic openers, plus loft storage. Administrative space consists of 4 offices. The site includes a very large fenced outdoor area at the rear of the building and supports vehicle/equipment storage and operations. Included equipment features 3 forklifts, a 10-ton equipment trailer, and a semi-tractor, along with 7 tow trucks (2 heavy, 1 medium, 2 flatbeds, 1 light) and a motorcycle trailer. There is also a 2-bay, 30-by-40-foot outbuilding. The building and site are set up to accommodate auto repair, towing, and other industrial/commercial uses.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.38 ac (103,673 SF)
APN 052-777-260-10
UPID US43-2141827

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
  • Building Supply General Contractor
  • Auto Repair Shop
  • Auto Parts Store

Location

640 Fawn River Rd Sturgis, MI 49091
Sturgis metro Census 40600 STURGIS, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2019
2 recorded transactions
2019
$90,000
2019
Price N/A

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
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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?”
More about this property
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