Property profile

8572 Silver Lake Rd Linden, MI 48451

FOR SALE
Commercial real estate
Property ID
US43-5298506
3,689 SF 3.3 ac lot Built 1937
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,689 square foot industrial property presents a rare investment opportunity in Linden, MI. Situated on a 3.3-acre lot along Ore Creek, this three-story historic grain mill boasts unparalleled character and potential. The building's rich history is complemented by its prime location, offering significant advantages for a variety of uses. The spacious interior, currently totaling 3,689 square feet of finished space, provides a blank canvas for creative repurposing. Imagine transforming this architectural gem into a unique restaurant, boutique hotel, or entertainment venue – the possibilities are virtually limitless. The property's substantial size and desirable location make it an ideal investment for entrepreneurs seeking a distinctive and historically significant property with high redevelopment potential. The existing structure offers a solid foundation for a creative vision, allowing for the preservation of historical elements while incorporating modern amenities and functionality. This is a chance to own a piece of Linden's heritage and shape its future. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1937
Total area 3,689 SF
Lot 3.3 ac (143,748 SF)
Zoning code COMM
APN 01-35-100-023
UPID US43-5298506

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Computer & Electronic Repair

Location

8572 Silver Lake Rd Linden, MI 48451
Linden metro Census 13002 FLINT, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2022
Last sale
$160,000
3 recorded transactions
2022
$160,000
2016
Price N/A
2007
$4,571

Zoning & alternative use

COMM · Linden, 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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