Property profile

7428 Kensington Rd Brighton, MI 48116

OFF-MARKET
Industrial properties
Property ID
US43-3176133
26,406 SF 5.36 ac lot
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5.06-acre property located at 7428 Kensington Road in Brighton, Michigan, presents a unique opportunity for businesses seeking versatile industrial space. The property is zoned for General Industrial use and features a building with a total of 1 square foot, currently with 1 square foot vacant. The building's flexible design caters to a variety of needs, making it suitable for executive office space, manufacturing operations, or warehouse storage. The multiple tenancy option allows for flexibility in occupancy arrangements. Situated in Livingston County, this location offers convenient access to major transportation routes, enhancing logistical efficiency for businesses. The expansive 5.06-acre lot provides ample room for expansion, outdoor storage, or future development. The property's address is 7428 Kensington Rd, Brighton, MI 48116. This is an excellent opportunity to acquire a well-located industrial property with significant potential for growth and adaptation to diverse business requirements. The property is ready for immediate occupancy. The combination of ample land, flexible zoning, and convenient location makes this an attractive investment for a variety of businesses. The 1 square foot of vacant space presents an immediate opportunity for a small business or expansion of an existing operation.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 26,406 SF
Lot 5.36 ac (233,482 SF)
Zoning code GI
APN 16-11-400-066
UPID US43-3176133

Cap rate & NOI

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

Location

7428 Kensington Rd Brighton, MI 48116-8354
Brighton metro Census 744200 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
$2.10M
Blend (final) Blend
$1.37M

Owner & transaction history

since 2013
5 recorded transactions
2020
Price N/A
2018
Price N/A
2013
$1.4M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GI · Brighton, 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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