Property profile

7340 Lakeshore Rd Lexington, MI 48450

OFF-MARKET
Industrial properties
Property ID
US43-3076551
0.23 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, situated at 7340 Lakeshore Road in Lexington, Michigan, presents a unique investment opportunity. Boasting 3,240 square feet of space, this industrial building is ideally located on US-25 (Lakeshore Road), ensuring high visibility and convenient access. Previously utilized as a tool and die shop, the building offers versatile potential for a variety of businesses. The property sits on a 0.23-acre lot and benefits from readily available city water and sewer services. This is a significant advantage for prospective buyers, eliminating the need for costly private system installations. It's important to note that there is an outstanding Worth Township sewer assessment associated with the property. This assessment may be assumed by the buyer at closing, providing a potential cost-saving opportunity depending on the buyer's financial strategy. The building's strategic location, ample square footage, and existing infrastructure make it an attractive proposition for entrepreneurs and investors seeking a well-positioned commercial space in a thriving community. The property is commercially zoned, offering flexibility for a range of permitted uses. Serious inquiries are encouraged to explore the full potential of this valuable asset. Contact us today to schedule a viewing and discuss the details further.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 0.23 ac (10,019 SF)
APN 261-300-000-590-00
UPID US43-3076551

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7340 Lakeshore Rd Lexington, MI 48450-9776
Lexington metro Census 970800
Google Maps

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
1 recorded transaction
2025
$200,000

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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