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5510 Richfield Rd, Flint, MI 48506
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Property summary
AI-generated overview
The property is a freestanding commercial building totaling 4,552 square feet on a 1.89-acre site. It is located along the Richfield Road commercial corridor in Flint, Michigan, and includes multiple access points with frontage on Richfield Road. The property is zoned C-2 Highway Commercial, which supports a broad range of retail, office, and service uses. The site has a former bank branch use history and retains an existing drive-through canopy, which provides physical support for businesses such as coffee, financial services, pharmacy, medical uses, or restaurant operations. The property is configured for potential owner-user use, investment, or redevelopment consistent with the existing zoning and site improvements.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Total area
4,552 SF
Lot
1.89 ac (82,328 SF)
Zoning code
C-2 HWY COMM
APN
11-35-400-015
UPID
US43-1070930
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Insurance Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$150k
Owner & transaction history
since 2021
Last sale
$199,000
3 recorded transactions
Zoning & alternative use
C-2 HWY COMM · Flint, MI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 14 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$150k
Value range
$135k – $165k
±10% around blend
Estimated value / SF
$33 / SF
Confidence
High
14 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$135k
blend $150k
$165k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,552 SF
Lot area
1.89 ac
Year built
1976
APN
11-35-400-015
Zoning
C-2 HWY COMM
Assessed value
$199,600
Annual tax
$10,557
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$10,557
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$199k
Weighted, 14 comps · high confidence
Evidence
14 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.0 mi away · 3,700 SF
2.9 mi away · 5,860 SF
3.0 mi away · 4,350 SF
3.3 mi away · 4,671 SF
3.8 mi away · 5,334 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$150k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 68 sales
$37
-10%
Submarket 495 sales
$54
-39%
County 994 sales
$67
-51%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $33/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 14 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
8.97%
Selected cap rate for this other commercial real estate
Derived from the Flint market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.97%
9.0%
NOI (est.)
$40k *
Last sale · Dec 2021
$199k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$450k
Move the market yield to see immediate price impact.
Value / SF
$99
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.47%8.97%9.47%
$36k
$429k
$405k
$384k
$40k
$477k
$450k
$426k
$44k
$524k
$495k
$469k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
14 found
High confidence · county-verified
Closest comparable
$225k
2.0 mi · Dec 2025 · $61/SF
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$10,557
Tax year 2021
Assessed value
$199,600
Assessed 2023
Previous assessed
$209,800
-4.9% YoY
Effective rate
5.29%
On assessed value
Total market value
$399,200
Applied tax rate
11.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1976
Heating
FORCED AIR
Total area
4,552 SF
Lot
1.89 ac (82,328 SF)
Zoning code
C-2 HWY COMM
APN
11-35-400-015
UPID
US43-1070930
Jurisdiction
GENESEE
Zoning & alternative use
C-2 HWY COMM · Flint, MIZoning C-2 HWY COMM · permitted uses
C-2 HWY COMM · Flint, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1976
Heating
FORCED AIR
Lot
1.89 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-2 HWY COMM
Jurisdiction
Flint, MI
Recorded code
C-2 HWY COMM
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 HWY COMM in Flint, MI.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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