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Property profile & analytics
OFF-MARKET Estimated value $445,000
Retail space

8031 Spg Arbor Rd Spring Arbor, MI 49283-9764

9,100 SF 1.46 ac lot Built 2010
Entity Owned 15-yr Hold Free & Clear
Property ID
US43-1919817
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2010
Total area 9,100 SF
Lot 1.46 ac (63,598 SF)
Zoning code C-3
APN 000-12-16-476-001-04
UPID US43-1919817
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$808k
Blend (final) Blend
$445k
Owner & transaction history
Arc Dgsphm1001 LLC · 15 yrs held
Arc Dgsphm1001 LLC
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
C-3 · Spring Arbor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4.4.3 Highway Service Commercial District (C-3): This district is intended to provide for various commercial establishments offering accom- modations, supplies, and services to local as well as through automobile and truck traffic. These districts should be provided at locations along major thoroughfares or adjacent to the interchange ramps of a limited acce…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 291.82 ac
Source SPRING ARBOR
Top alternative use upside
Restaurant $765,000 +23.9%
Medical building $745,000 +20.6%
Office building $675,000 +9.2%
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