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Property profile & analytics
OFF-MARKET
Retail space

7058 Douglas Rd Lambertville, MI 48144-9487

3,332 SF 0.72 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US43-1347926
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Carrdan Preservation Supplies Building Supply Industrial Manufacturer
  • Bronco Western Supply Company (Bike/Boat/Book/etc) Store
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
Emma 44 Development LLC · 4 yrs held
Emma 44 Development LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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