Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5482 Miller Rd Swartz Creek, MI 48473

    Sponsored
    For Sale
    $285,000

    Real Estate Only - Swartz Creek, MI

    Property size:
    1,963 SF
    Lot size:
    0.27 Acres
    Days on Market:
    17
    Last Refresh:
    Jan 31 at 5:06 am

    Property Features for 5482 Miller Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    5829551003
    Size
    1,963 SF
    Lot size
    0.27 Acres

    Building Details

    Year built
    1950
    Year renovated
    2025
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Nykole Pfaff

    The Brokerage Real Estate Enthusiasts (248) 297-5551

    Listing agent Nykole Pfaff (248) 297-5551

    Listing date Jan 15, 2026

    MLS# 20261003065 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Swartz Creek Commercial Building

    This commercial building is located on a high-traffic main road, offering excellent visibility and accessibility. Situated minutes from I-69 and I-75, the property provides convenient access for customers, employees, and deliveries. The building has been extensively updated, featuring a new roof, new vinyl siding, and modern garage doors. The interior includes a bathroom and a dedicated office area. Constructed of solid block, the building is well insulated, offering energy efficiency. The property is located next door to GM and surrounded by high traffic. The lot size is 0.27 acres and the property size is 1963 square feet. The property is zoned commercial and is located in Swartz Creek, Michigan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Kroger Floral, Budz and Bloomz Florist

    Location Insight

    • Map
    • Local Demand
    City
    Swartz Creek
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7891903
    Latitude
    42.9729027

    Nearby Similar for Sale

    • $499,900
      2,400 SF

      Swartz Creek Church and Residence

      Church and three-bedroom house on a 10-acre parcel.
      8410 Linden Rd, Swartz Creek, MI 48473
      View Details
    • $350,000
      1,020 SF

      Renovated Commercial Property in Swartz Creek

      Fully renovated commercial property with high visibility and flexible layout.
      8127 Miller Rd, Swartz Creek, MI 48473
      View Details
    • $1,937,000

      Office Complex with Expansion Potential

      Office complex with long-term tenants and expansion acreage.
      5370 W Miller Rd, Swartz Creek, MI 48473
      View Details
    • $4,500,000
      22,000 SF

      Swartz Creek Industrial Cross-Dock Facility

      Industrial cross-dock building with long-term tenant FedEx.
      4025 Dye Rd, Swartz Creek, MI 48473
      View Details
    • $1,200,000

      Multifamily Property in Swartz Creek

      24 units in 2 buildings on 1.53 acres.
      4534 Raubinger Rd, Swartz Creek, MI 48473
      View Details
    • $99,900

      Swartz Creek Commercial Building

      Commercial building in Swartz Creek's downtown area.
      5015 Holland Dr, Swartz Creek, MI 48473
      View Details
    • $4,500,000
      22,000 SF

      Net Leased FedEx Facility

      Michigan Industrial Investment, 100% Occupied
      4025 Dye Rd, Swartz Creek, MI 48473
      View Details

    FAQs

    What type of property is this?
    Storefront property - High-visibility commercial building near I-69 and I-75 in Swartz Creek.
    Where is this storefront property located?
    The property is located at 5482 Miller Rd Swartz Creek, MI.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - High-visibility location on a high-traffic main road, next to GM.; - Convenient access to I-69 and I-75.; - Nearly brand-new condition with extensive updates including a new roof, new vinyl siding, and modern garage doors.
    (248) 297-5551
    Request Owner's contact information
    5482 Miller Rd Swartz Creek, MI 48473
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5482 Miller Rd
    Swartz Creek, MI 48473
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5482 Miller Rd Swartz Creek, MI 48473
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nykole Pfaff
    (248) 297-5551
    Learn more
    Google sign-in failed. Please try again or use another login method.