Property profile

74130 Fulton St Armada, MI 48005

OFF-MARKET
Commercial real estate
Property ID
US43-2736926
0.19 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9,213 square foot industrial property, situated on a 0.27-acre lot in downtown Armada, Michigan, presents a unique investment opportunity. The property currently houses a thriving, operating auto business, complete with included equipment (a detailed inventory is available upon request). Its prime downtown location offers excellent street frontage, ensuring high visibility and accessibility for customers. The building itself has undergone significant updates, boasting substantial electrical power capacity, making it well-suited for a variety of industrial uses. The robust power infrastructure is a significant advantage for businesses with high energy demands. The sale includes both the real estate and the existing operational auto business, offering a turnkey solution for a prospective buyer. This is a rare chance to acquire an established, profitable business with a well-maintained building in a desirable location. The combination of a strong existing business, updated facilities, and excellent visibility makes this property an attractive investment with significant potential for growth and return. Serious inquiries are encouraged to explore this opportunity further. Contact us today to schedule a showing and obtain the detailed equipment list. The asking price for this turnkey operation is $850,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.19 ac (8,451 SF)
Zoning code COMM VACANT
APN 25-02-24-155-032
UPID US43-2736926

Cap rate & NOI

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

Location

74130 Fulton St Armada, MI 48005-4881
Armada metro Census 212000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2022
Last sale
$335,000
1 recorded transaction
2022
$335,000

Zoning & alternative use

COMM VACANT · Armada, MI

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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