Property profile

9947 Brooklyn Rd Brooklyn, MI 49230

FOR SALE
Retail space
Property ID
US43-1854688
3,360 SF 0.8 ac lot Built 1950
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a remodeled commercial building located in a high-traffic area between Brooklyn and Napoleon. It is zoned C1 and consists of two floors of interior space. The building includes an overhead door on the side and has an interior layout suitable for a reception area and private offices, with natural light contributing to the work environment. The site is described as having a walk score of 57 and a bike score of 39, indicating it is somewhat walkable and somewhat bikeable.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 3,360 SF
Lot 0.8 ac (34,935 SF)
Zoning code C-1
APN 000-19-13-476-004-00
UPID US43-1854688

Cap rate & NOI

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

Location

9947 Brooklyn Rd Brooklyn, MI 49230
Brooklyn metro Census 6306 JACKSON, 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
$90k

Owner & transaction history

since 2006
1 recorded transaction
2006
$55,000

Zoning & alternative use

C-1 · Brooklyn, MI
Zoning description

This C-1 district is intended to encompass the retail, service and administrative establishments, which form the central business district, and which provide retail convenience and comparison goods and personal and profe…

General category COMMERCIAL

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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