Property profile

9477 Vienna Rd Otisville, MI 48463

OFF-MARKET
Commercial real estate
Property ID
US43-1830272
1,856 SF 1.19 ac lot Built 1979
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,856 square foot commercial building, situated on a generous 1.19-acre lot in Otisville, Michigan, presents a fantastic opportunity for a variety of businesses. Recently remodeled, the property boasts a versatile layout currently configured as office, service, and retail space, previously utilized as a veterinary clinic and more recently as an HVAC business. The spacious basement provides ample storage, ideal for inventory or equipment. The building is fully zoned commercial, offering flexibility for diverse commercial ventures. Its move-in ready condition eliminates the need for extensive renovations, allowing for immediate occupancy and operational efficiency. The expansive lot offers significant potential for future expansion, accommodating growth and additional development. Located in a prime commercial area, this property is well-positioned to capitalize on the local market. The combination of its versatile layout, ample space, and excellent location makes this an exceptional investment opportunity. The property is ready for immediate occupancy and offers many potential commercial uses. Don't miss this chance to acquire a well-maintained, versatile commercial property with significant growth potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1979
Total area 1,856 SF
Lot 1.19 ac (52,011 SF)
APN 09-16-400-007
UPID US43-1830272

Cap rate & NOI

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

Location

9477 Vienna Rd Otisville, MI 48463-9784
Otisville metro Census 12401 FLINT, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2021
Last sale
$158,000
2 recorded transactions
2021
$158,000
2016
$165,000

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
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