2156 Center RdBurton, MI 48519

  • Commercial real estate
  • 1,380 SF
For Sale
$2,800,000 View listing

Property Details for 2156 Center Rd

Year built
2004
Lot size
0.41 AC
Property size (Sq ft)
1,380 SF
Property type
Commercial real estate
APN
59-21-527-021
APU
5921527021

Description

This exceptional investment opportunity presents four established auto shops, including one with an attached car wash, strategically located in Genesee County, Michigan. The portfolio comprises four buildings on four separate parcels, totaling four individual units, all operating under a single ownership. Each location has a proven track record of success and has been meticulously maintained. The properties are zoned for commercial use and are offered at an attractive asking price of $2,800,000, presenting a compelling 22.25% capitalization rate. This turnkey operation offers immediate cash flow and significant growth potential within the thriving automotive services industry. The portfolio includes all real estate and existing businesses. Specific addresses include: 2156 S Center Rd, Burton, MI 48519

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $270,403
    Hospitality
    $247,688
    Educational
    $206,073
    Medical
    $213,161
    Retail
    $320,559
2156 Center Rd, Burton, Michigan

Location Insight

City
Burton
County
Genesee
State
Michigan
Latitude
42.9998
Longitude
-83.6349
CBSA code
22420
CBSA name
FLINT, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$7,356
-
-
$142,500
-
-
-
$285,000

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