Technical
Financial
Distress signals
Property profile

7058 Douglas Rd Lambertville, MI 48144

OFF-MARKET
Retail space
Property ID
US43-1347926
3,332 SF 0.72 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional free-standing retail building, located on Douglas Road in Lambertville, Michigan, offers 2,849 square feet of leasable space. Situated just minutes north of Toledo, Ohio, this Class B property boasts a convenient location and ample parking with 75 spaces, making it ideal for a variety of retail uses. The building, which features one story and underwent renovations in 2016, is zoned for commercial use and sits on a single lot within Monroe County. Previously occupied by a retail clothing store, and historically used as a diner and small event center, this versatile space presents a unique opportunity for a new tenant. The building's features include a new roof and a large parking lot, ensuring convenience for both customers and employees. The property's excellent location within a thriving community makes it an attractive option for businesses seeking high visibility and accessibility. The single-tenant occupancy provides flexibility and control for the new lessee. This is a rare opportunity to secure a well-maintained, spacious retail space in a desirable location. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 3,332 SF
Lot 0.72 ac (31,407 SF)
APN 02-430-027-00
UPID US43-1347926

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 Industrial Manufacturer
  • (Bike/Boat/Book/etc) Store

Location

7058 Douglas Rd Lambertville, MI 48144-9487
Lambertville metro Census 833900 MONROE, MI METROPOLITAN STATISTICAL AREA
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
$95k

Owner & transaction history

since 2022
Last sale
$85,800
5 recorded transactions
2022
Price N/A
2022
Price N/A
2017
Price N/A
2016
$7,000
2013
$85,800

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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