Keller Williams GR North
Properties With Bobbi LLC
Listed by Keller Williams GR North, Properties With Bobbi LLC
$475,000
10300 W Howard City-Edmore
Details
APN 004-017-006-010
Property Type Office, Industrial
Sub Type Traditional Office, Executive Office
Square Footage 6,068
Units 1
NOI $28,540
Year Built 1975
Year Renovated 2021
Buildings 2
Acreage 2.560
Parking Spaces 34 spaces
Parking per 1,000 SqFt 5.60
Ownership Proprietorship
Office | 6,068 SqFt
Marketing description
In today's economy choose the wise investment of land - supply and demand- it is the one thing no one can make more of! With an annual Net operating income of nearly $30k and a guaranteed ROI over 6% for the next 5 years- this property leased until 12/31/31, by the State of Michigan, with expanding opportunities as urban sprawl continues and the village of Lakeview (less than 2 miles away) begins to outgrow its borders. Zoned R-R with commercial approval who is to say how high the generated income on this property could go? Take consideration and do not let these dollars pass you by. Square Footage: 6,068 sq ft Valuation calculated by historical purchase price x inflation and investment alongside the current SEV and current lease rents totaling $203,884.80 All information believed to be accurate however, not guaranteed. Buyer and Buyer's agent responsible to verify.
Listing Contacts
Keller Williams GR North
Properties With Bobbi LLC
Listed by Keller Williams GR North, Properties With Bobbi LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$28,540.00
$2,378.33/mo
Valuation Metrics
0
DSCR
6.01%
Cap Rate
6.01%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
