Property profile

9947 Brooklyn Rd SOURCEFI 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

This exceptional 3,360 square foot industrial property, situated on a 0.8-acre lot in Brooklyn, MI, presents a remarkable opportunity for business owners. Boasting a highly visible location between Brooklyn and Napoleon, this C1-zoned building ensures maximum exposure and accessibility. The property has undergone a complete remodel, eliminating the need for costly renovations. Features include ample parking, two spacious floors, and a convenient overhead door for easy loading and unloading. The interior offers versatile space, easily adaptable to various business needs. Imagine a welcoming reception area, private offices bathed in natural light, and expansive open areas for operations or storage. The building's strategic location and updated condition combine to create an ideal environment for growth and success. This turnkey property is ready for immediate occupancy, allowing you to focus on your business rather than extensive renovations. Don't miss this chance to secure a prime commercial space in a thriving area. Contact us today to schedule a viewing.

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, Unit SOURCEFI Brooklyn, MI 49230
Brooklyn metro Census 6306 JACKSON, MI METROPOLITAN STATISTICAL AREA
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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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