8012 Lewis Ave Temperance, MI 48182
Property profile & analytics
8012 Lewis Ave, Temperance, MI 48182
- Retail space
- 7,710 SF
- 0.64 lot acres
Property ID
US43-0900929
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Cardtronics ATM / Atm
- NAPA Auto Parts / Auto Parts Store
Property Details for 8012 Lewis Ave
- Lot size
- 0.64 lot acres
- Property type
- Retail space
- APN
- 02-026-049-00
- APU
- 202604900
Description
This exceptional retail property, located at 8012 Lewis Ave in Temperance, Michigan, presents a compelling investment opportunity. The 7,492 square foot building sits on a 1.47-acre lot and boasts a strong 100% occupancy rate with a single tenant under a triple-net (NNN) lease. Built in 1959 and extensively renovated in 2007, the property is zoned Commercial C-1, offering flexibility and potential for future expansion. The current lease term is for 3 years, expiring in 2024, with the ground lease expiring January 10, 2024. The tenant, established at this location for 49 years, is currently undertaking substantial upgrades to the retail space. Ample parking is available with 19 spaces on-site. The property's strategic location offers excellent demographics, with nearly 93,740 people within a 5-mile radius and an average household income exceeding $66,487. An additional lot provides the potential for future expansion or the development of new commercial construction. Financial details and the lease agreement will be provided upon execution of a confidentiality agreement. The property's parcel numbers are 02-026-049-00 and 02-026-051-00. The asking price for this turnkey investment is $980,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Temperance
- County
- Monroe
- State
- Michigan
- Longitude
- -83.5675
- Latitude
- 41.7615
- CBSA code
- 33780
- CBSA name
- MONROE, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,570
$0.00
$0.00
$224,500
-
$0.00
$0.00
$449,000
