Property summary
This 5,460 square foot industrial building in Howell, MI, presents a compelling investment opportunity. Situated on a 0.56-acre lot in the burgeoning Michigan Avenue corridor, this multi-tenant property boasts excellent leases with secure tenants and a history of high occupancy. The building's strong financial performance makes it attractive for both investors seeking minimal management and owner-operators. Detailed financial and lease information is available upon request, following the execution of a simple confidentiality agreement. The property's location offers exceptional accessibility, less than one mile from the D-19/I-96 interchange. Prospective buyers should act quickly, as the impending construction of the Motor Speedway is expected to drive up property values in this thriving community. This is a chance to acquire a well-performing asset in a rapidly growing area, offering a strong return on investment. The building's consistent occupancy and stable tenant base contribute to its financial strength and make it a low-risk, high-reward investment. Don't miss this opportunity to secure a piece of Howell's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
B-2, General Business Districts are intended to provide for a variety of commercial and service uses, including more intensive commercial uses not permitted in the O-1, CBD and B-1 Districts.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Howell, MIB-2, General Business Districts are intended to provide for a variety of commercial and service uses, including more intensive commercial uses not permitted in the O-1, CBD and B-1 Districts.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
B-2, General Business Districts are intended to provide for a variety of commercial and service uses, including more intensive commercial uses not permitted in the O-1, CBD and B-1 Districts.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Howell, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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