Property profile

8782 Gull Rd Richland, MI 49083

OFF-MARKET
Commercial real estate
Property ID
US43-2249605
2,415 SF 2.5 ac lot
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,840 square foot industrial property, situated on a spacious 2.5-acre lot in the Village of Richland, Michigan, presents a unique investment opportunity. The main floor offers ample space, previously configured as an office, ideal for a variety of businesses, particularly those requiring a high-visibility location. Its previous use as an office suggests suitability for professional services, such as an insurance agency. Adding to its appeal is a separate, income-generating 2-bedroom, 1-bathroom apartment on the upper level, complete with its own private entrance. This provides a significant additional revenue stream for the property owner. The property also includes a convenient 2-stall garage, offering ample storage and parking for both the business and apartment occupants. Extensive additional parking is available on the expansive lot. A pole barn on the property is available for long-term lease, offering further potential for income generation or expansion of the existing business. This property's combination of commercial space, residential rental unit, and additional outbuilding makes it a truly versatile and attractive investment opportunity in a desirable location. The property's location in the Village of Richland ensures easy access to local amenities and transportation routes. Serious inquiries are encouraged to explore the possibilities of this multifaceted property. Contact us to discuss the long-term lease options for the pole barn.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,415 SF
Lot 2.5 ac (108,900 SF)
APN 03-22-226-201
UPID US43-2249605

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
  • General Contractor Construction Company
  • Logistics Company
  • Industrial Manufacturer

Location

8782 Gull Rd Richland, MI 49083-9307
Richland metro Census 2701 KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2025
Last sale
$355,000
3 recorded transactions
2025
$355,000
2024
$337,500
2013
$129,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8782 Gull Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message